Finally Exploded! The Real Reason Institutions Swept Up 1 Trillion Won of KOSDAQ... The Korean Stock Market Is Changing. February's Leading Stocks Are 'Right Here' | Director Lee Young-hoon

Summary

Lee Young-hoon, Director at iM Securities, and host Hwang Yu-hyeon review the Korean market after KOSPI briefly touched 5,000. Lee argues investors should focus on growth-sector multiple expansion rather than the index level, expects KOSDAQ relative strength in February after institutions bought about KRW 1 trillion of KOSDAQ shares, and favors biotech, selected semiconductor equipment/materials, secondary battery core minerals, and humanoid robotics with a preference for Hyundai Motor Group. He also sees limited large-correction risk in the first half, with more caution due in the second half.

• KOSPI briefly touched 5,000 and closed near 4,990.
• Institutions bought about KRW 1 trillion of KOSDAQ shares.
• Lee expects KOSDAQ to outperform relatively in February as earnings season ends.
• KOSDAQ biotech rebounded from a bottom and licensing deals continue.
• Humanoid robotics remains a leading theme, but peripheral names are riskier.
• Hyundai Motor Group is preferred for concrete humanoid progress.
• Secondary battery focus is on core minerals, lithium, and large-cap new-high leaders.
• First-half correction risk is seen as limited; second-half risk is higher.