This Is the Bottom: Foreign Brokerages That Shouted KOSPI 9000 and Sold — Were We Stabbed in the Back? Should We Hold On? (Market Crash, Black Friday) [CEO Kim Dong-yeop]

Summary

CEO Kim Dong-yeop discusses the KOSPI crash, attributing it to AI investment doubts and geopolitical tensions. He views KOSPI below 7,000 as oversold and advises holding and buying dips in Samsung Electronics and SK hynix. He highlights several themes including AI data center infrastructure, renewable energy, shipbuilding, energy storage, seasonal heat-wave plays, and warns against trusting foreign brokerage reports. He expects reduced volatility after July as leverage regulation kicks in.

• KOSPI is oversold below 7,000 and should bounce back to 7,000; hold and accumulate on weakness.
• Samsung Electronics and SK hynix are top buys on dips, supported by ongoing AI capex and easing memory peak-out fears.
• AI data center build-out boosts SK Telecom, SK Eternix, SK Ocean Plant, construction firms GS E&C, Hyundai E&C, Samsung C&T, and backup power provider GNC Energy.
• High oil and data center electricity demand make solar/wind renewable stocks attractive.
• Shipbuilding equipment, especially Hyundai Hims, set to rise on upcoming major projects.
• Energy storage is a critical sector linked to renewables expansion.
• Seasonal heat waves will create short-term trading opportunities in cooling appliance stocks.
• Foreign brokerage reports should be treated with skepticism; August may see reduced market volatility.