Worrisome September: Approach It This Way | Kwon Taek-jung, Hana Securities The Centerfield W Deputy Branch Manager

Worrisome September" Approach It This Way | Kwon Taek-jung, Hana Securities The Centerfield W Deputy Branch Manager [Double Crew]
Watch on YouTube ↗  |  September 03, 2026 at 01:43  |  20:10  |  3PRO TV (삼프로TV)
Speakers
Kwon Taek-jung — Manager, The Centerfield W

Summary

Kwon Taek-jung, Deputy Branch Manager at Hana Securities The Centerfield W, views rising Treasury yields as the main gravity weighing on equities and expects September to be weak before the US-China summit, then stronger after. He suggests buying KOSPI dips if pre-Chuseok pressure intensifies and highlights rare earth and defense stocks as key September themes. He also sees Korean memory names Samsung Electronics and SK hynix as fundamentally improving despite rate-driven weakness.

  • US 10-year Treasury yields near 4.8% acted as a headwind for global and Korean equities; stabilizing yields could help KOSPI recover.
  • September is viewed as weak first and strong later, with the US-China summit and Chuseok holiday as tactical pivot points.
  • Aggressive US-China rhetoric and possible rare earth headlines are expected into mid-September.
  • Rare earth names including POSCO International, LS Eco Energy, and JS Link are flagged for September attention.
  • Defense stocks remain supported by US-Iran tensions and expected US missile inventory restocking; Hanwha Aerospace and LIG Nex1 are highlighted.
  • Nvidia's strong results and memory price outlook support Samsung Electronics and SK hynix, but rate pressure has delayed the stock reaction.
  • October KOSPI recovery is expected if geopolitical and rate headwinds are resolved before US midterm elections.
Ideas
Kwon Taek-jung Manager, The Centerfield W 0:39
Stabilizing Treasury yields support KOSPI recovery.
September is a weak-first, strong-later tactical setup around the September 24 US-China summit and Chuseok holiday. The speaker expects aggressive US-China rhetoric into mid-September and pre-holiday foreign selling pressure. If the index gets shaken toward Chuseok, he would use cash to buy; if it stays stable into mid-September, he would raise cash and de-risk into the event.
EWY MED
Kwon Taek-jung Manager, The Centerfield W 3:29
Memory upcycle supports Samsung and SK hynix.
Nvidia confirmed memory price increases are larger than expected and should rise further next year, but SK hynix and Samsung Electronics did not rally because high Treasury yields are compressing valuations. The speaker sees memory fundamentals becoming stronger while the market waits for macro and rate headwinds to clear.
005930.KS 000660.KS MED
Kwon Taek-jung Manager, The Centerfield W 10:06
Rare earths become September China-risk theme.
China's strongest negotiating card is rare earths. China controls about 60% of rare earth mining and about 94% of neodymium magnet production, and these magnets are essential for advanced industries and humanoid robots. As US-China tensions escalate into the September summit, rare earths are likely to become a major recurring theme, especially if China threatens export restrictions.
Korean rare earth stocks HIGH
Kwon Taek-jung Manager, The Centerfield W 12:19
POSCO International builds non-China rare earth chain.
POSCO International is a large-cap Korean rare earth name. It is preparing non-China vertical integration in the US with a local partner, mining rare earths and producing permanent magnets in the US. The key edge is that it uses non-Chinese ore and non-Chinese magnet production, which matters more than short-term rare earth prices.
POSCO International MED
Kwon Taek-jung Manager, The Centerfield W 13:04
LS Eco Energy rides Lynas partnership.
LS Eco Energy is connected to rare earths through its collaboration with Lynas, one of the largest non-Chinese rare earth producers. This partnership gives it a specific rare earth supply-chain angle if rare earth headlines escalate in September.
229640.KS LOW
Kwon Taek-jung Manager, The Centerfield W 13:17
JS Link pure rare earth magnet play.
JS Link is viewed as the highest-purity rare earth and magnet play among Korean names. Lynas invested KRW 53.4 billion through a third-party allotment, and JS Link has an existing 1-ton plant in Yesan with plans to scale toward 9,000 tons globally. The speaker uses the Lynas placement price of KRW 32,000 as a downside level and sees the stock as a short to mid-term rare earth trading vehicle in September.
127120.KQ HIGH
Kwon Taek-jung Manager, The Centerfield W 16:12
Geopolitical risk supports Korean defense stocks.
Defense stocks should be watched because geopolitical risk is not over. The US-Iran conflict continues, and US-China tensions may resurface with military drills or aggressive headlines before the September summit, supporting Korean defense names.
Korean defense stocks MED
Kwon Taek-jung Manager, The Centerfield W 16:34
Hanwha Aerospace K9 European order momentum.
Hanwha Aerospace has strong K9 self-propelled howitzer order momentum, including its first entry into Western Europe, which broadens its European reference beyond Eastern Europe. The stock has been consolidating while its fundamentals and orders improve, making it a key defense idea.
012450.KS HIGH
Kwon Taek-jung Manager, The Centerfield W 17:56
LIG Nex1 benefits from US missile restocking.
LIG Nex1 is a Korean missile maker benefiting from two momentum drivers: continued order momentum and the US need to replenish missile inventories that have been depleted by Iran-related strikes. The speaker frames this as a geopolitical defense restocking play.
064350.KQ HIGH
Up Next
16:47
Data Centers, End of War, and... How Far Will Construction Stocks Go? | Kim Seung-jun, Hana Securities Research Center Research Fellow [Double Up]
3PRO TV (삼프로TV) · Sep 03
11:24
QUEM REALMENTE PERDE DINHEIRO COM A ONDA DE RECUPERAÇÕES JUDICIAIS?
Market Makers · Sep 03
3:07:56
[September 3 #BeforeMarketOpen] New York stock market rebounds as US Treasury yields fall / Broadcom earnings surprise, after-hours mixed / Foreigners and institutions dumped 4 trillion, what about today?
815 Money Talk (815머니톡) · Sep 03
2:16:35
Daily Morning Fund Managers' Operations Meeting Live | Park Se-ik Senior Managing Director & Chesley Investment Advisory [Morning Brief / 26.09.03.Thu]
Chesley Investment Advisory (체슬리투자자문) · Sep 03
40:28
We're blowing up the upside resistance wall." Will it really break through? | Ha Chang-wan, Habono's Stock Story CEO [Double Check]
3PRO TV (삼프로TV) · Sep 03

This 3PRO TV (삼프로TV) video, published September 03, 2026, features Kwon Taek-jung discussing EWY, 005930.KS, 000660.KS, Korean rare earth stocks, POSCO International, 229640.KS, 127120.KQ, Korean defense stocks, 012450.KS, 064350.KQ. 9 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Kwon Taek-jung  · Tickers: EWY, 005930.KS, 000660.KS, Korean rare earth stocks, POSCO International, 229640.KS, 127120.KQ, Korean defense stocks, 012450.KS, 064350.KQ