Once the major events at the end of September pass, the stocks everyone has been watching will rise | Park Se-ik, Executive Director, Chesley Investment Advisory (2026.09.10 Thu)

Summary

Park Se-ik reviewed Korean equity charts after the September futures/options expiry, focusing on heavy foreign selling, KOSDAQ relative strength, and whether KOSPI was holding support. He argued that investors should buy Korean stocks and that a rally may begin after late-September events, with only shallow corrections. The video also covered specific stock setups such as TSE, SK hynix, Samsung Electro-Mechanics, Samsung Biologics, Hanwha Life, DN Automotive, Hyundai Department Store, and KEPCO KPS. He closed by flagging the US 10-year Treasury yield as the main macro risk and recommending patience with cash until the event window passes.

• Park Se-ik reviewed KOSPI and KOSDAQ charts after a simultaneous futures/options expiry, noting foreign selling of about KRW 1.6tn in KOSPI and KRW 1.1tn in KOSDAQ.
• He said KOSDAQ broke prior highs in early September despite foreign selling and looked relatively strong, while KOSPI held better than expected with rising lows.
• His main view was that Korean stocks should be bought, with a rally likely from late this year into next year after late-September events pass and corrections likely shallow.
• He highlighted TSE's new high, earnings surprise, institutional buying, and potential short covering.
• He discussed SK hynix's overhead supply and Micron earnings, Samsung Electro-Mechanics' earnings momentum, and Samsung Biologics' rights-offering overhang plus a new European CMO contract.
• He noted institutional accumulation in Hanwha Life and KEPCO KPS's nuclear-related chart setup, plus momentum in DN Automotive and a mixed Hyundai Department Store setup.
• He flagged the US 10-year Treasury yield as the main risk, citing the historical September-October yield rise and November decline, and suggested waiting with cash until event risk passes.