If you miss the 'golden time' to save Samsung Electronics, it's over | Baek In-jae, Deputy Center Head [Double Crew]

Summary

Baek In-jae, Deputy Center Head, argues that Korean memory chipmakers Samsung Electronics and SK Hynix urgently need to announce shareholder return policies to trigger a market rebound; delaying could miss the 'golden time.' He also discusses the recent leverage-driven sell-off, compares it to the LTCM crisis, and notes that rate hike fears have eased. He highlights a Goldman Sachs call for KOSPI 12,000 based on foreign inflows and recommends holding memory stocks while allowing some trading in other sectors.

• Memory stocks (Samsung, SK Hynix) need shareholder return policies as the key catalyst for recovery.
• Without timely announcements, the market may lose momentum and miss its rebound window.
• Samsung's post-earnings behavior has been more promising than SK Hynix's.
• The recent market turmoil was driven by leverage unwinding, similar to LTCM in 1998.
• US employment data has reduced near-term rate hike fears, giving equities temporary relief.
• Goldman Sachs' strategist sets a KOSPI 12,000 target based on fundamentals and expected foreign inflows.
• Investors should keep memory stocks in their portfolios while using some trading around rotation.