[#UrgentMarketUpdate] Samsung Electronics and KOSPI failed to reverse trend, what now? Why did money flock to 'this sector' even in a sharp decline? | CEO Lee Gwon-hee

Summary

CEO Lee Kwon-hee analyzes the KOSPI's failed trend reversal and the semiconductor-driven selloff, highlighting margin expansion in oil refiners, a new US K-beauty ETF boosting OEM/ODM stocks, further rate hikes supporting banks, and a robotics catalyst for Hyundai Motor Group auto parts. He also discusses shipbuilding, defensives, and weakening market sentiment.

• KOSPI fails to reverse its downtrend as Samsung Electronics and the memory sector drag indices lower on CXMT IPO and CoreWeave hedging fears.
• Oil refiners SK Innovation and S1 gain on wider refining margins from product supply tightness and higher crude prices.
• A newly launched US K-beauty ETF sparks interest in Korean OEM/ODM cosmeceutical stocks such as Pharma Research, Kolmar, Cosmax, and Cosmeca Korea.
• Bank of Korea's rate hike to 3.0% is expected to widen net interest margins, benefiting the Korean bank sector.
• Hyundai Motor Group's full acquisition of Boston Dynamics may accelerate robotics initiatives, potentially boosting domestic auto parts suppliers before an August robot event.
• Defensive sectors like food and telecom offer limited shelter, while shipbuilding remains uncertain despite Trump's comments on vessel demand.