Foreigners Sell KRW 600 Billion in KOSDAQ; Concerns About a Short-Term Peak Signal, 'Converting 20% to Cash'; Samsung SDI Earnings and Good News for Secondary Batteries | Manager Park Hyun-sang

Summary

Park Hyun-sang, manager at Yuanta Securities Bucheon Branch, said the Korean market closed higher but looked uneasy as foreigners sold heavily in KOSDAQ and leading stocks left long upper wicks. He recommended taking partial profits and raising 10-20% cash while keeping core holdings. He highlighted Samsung SDI's better-than-expected battery earnings and AI data-center battery demand, but also noted rotation into laggards such as autos, batteries, and steel. He also discussed the upcoming SK hynix single-stock leverage product and key Fed and big-tech earnings events.

• KOSPI rose about 0.3% but the market felt uneasy due to foreign selling and long upper wicks.
• Foreigners sold about KRW 500 billion in KOSPI and KRW 660 billion in KOSDAQ.
• Park advised trimming overextended stocks and raising 10-20% cash while holding core positions.
• Samsung SDI led battery strength after a narrower Q1 loss and a 30% AI data-center demand growth outlook.
• Lagging autos and steel rebounded; Hyundai Motor Group gained on a robot narrative and POSCO Holdings on steel catalysts.
• Earnings-season sell-the-news risk was highlighted with Hanwha Solutions as an example.
• Upcoming Fed decision and Amazon/Meta earnings remain key event risks.
• SK hynix single-stock leverage launch may increase volatility and create short-term trading opportunities.