Should I escape now...? Another 'sell sidecar' | Kim Min-soo, CEO of Lemon Research [Double Up]

Summary

Kim Min-soo, CEO of Lemon Research, addresses the sharp sell-off in Korean equities triggered by weakness in US semiconductors and domestic sentiment shocks. He argues that the decline is driven by forced selling and panic, not deterioration in fundamentals, and that semiconductor leaders will eventually recover. He identifies rotation into defensive sectors like financials, consumer/entertainment, biotech, refiners, and defense, while advising investors to buy gradually into weakness rather than chase panic.

• KOSPI plunges over 5%, with SK hynix down 11% and Samsung Electronics down 6%, triggering a sell sidecar
• Kim Min-soo sees the sell-off as a sentiment and liquidity event, not a fundamental breakdown for semiconductor leaders
• He highlights rotation into financial holding companies, consumer/entertainment (HYBE, Samyang Foods), biotech (Celltrion, Samsung Biologics), refiners (SK Innovation), and defense (Hanwha Aerospace)
• Samsung Electronics preferred shares are flagged as undervalued if shareholder return policies emerge
• The historical pattern of leading stocks making a second peak after deep corrections supports a long-term bullish view on semiconductors
• He advises investors to keep cash reserves, buy gradually on extreme down days, and use technical analysis to identify support levels
• Leverage unwinding and excessive pessimism are near-term headwinds, but the heavily discounted price itself will eventually become the strongest catalyst