The Truth About Foreigner Selling...They Were Actually Buying? | Baek In-jae, Deputy Head of Hana Securities Sales Department Financial Center [Double Crew]

Summary

Baek In-jae presents a bullish case for Samsung Electronics and SK Hynix, arguing they are undervalued despite strong global earnings. He also highlights the KOSDAQ index as deeply oversold and a buying opportunity, supported by semiconductor equipment/materials and biotech sectors. The speaker neutralizes fears of foreign selling, claiming it is a rebalancing rather than an exit, and identifies NVIDIA's earnings as a key near-term catalyst for market recovery.

• Baek In-jae believes Samsung Electronics and SK Hynix are long-term buys based on top-tier global operating profits.
• The KOSDAQ index is seen as oversold (ADR 59.9, RSI 35), signaling a bottom and potential rebound.
• Semiconductor equipment and material companies are expected to benefit directly from Samsung and SK Hynix growth.
• Foreign selling of Korean equities is interpreted as position rebalancing, not a structural exit.
• NVIDIA's earnings and guidance are positioned as a decisive short-term market catalyst.
• The speaker advises a long-term perspective and not to be swayed by daily volatility.
• Government support for the KOSDAQ market is noted as a positive factor.
• The Korean biotech sector is mentioned as improving but not a standalone strong call.