Where is the market's money going despite interest rate and oil price instability? | Park Byeong-chang, MP Partners CEO

Where is the market's money going despite interest rate and oil price instability? | Park Byeong-chang, MP Partners CEO [Market Inside]
Watch on YouTube ↗  |  September 10, 2026 at 00:07  |  42:31  |  3PRO TV (삼프로TV)
Speakers
Park Byeong-chang — Director, MP Partners

Summary

Park Byeong-chang, CEO of MP Partners, walks through the Korean market setup amid high oil, rate-hike unease, and election-related geopolitical risk. He argues money is rotating into safer-but-profitable areas such as AI, financial holding companies, and Korea's US-investment power infrastructure theme. He also discusses China's ESS approval curbs as a positive catalyst for Korean battery makers, Visa's stablecoin expansion, Apple's loyal-customer moat, and the unusual behavior around the futures and options expiration.

  • He expects the KOSPI to remain relatively firm, supported by semiconductor strength and improving moving-average alignment.
  • AI is his primary safe-haven sector when oil and rate uncertainty rise, followed by financial holding companies.
  • SK Hynix's ADR new high and Samsung Electronics are seen leading Korean semis higher short term.
  • China's halt on new ESS factory approvals is viewed as a beneficial supply-side event for Korean battery and ESS names.
  • Korea's US-investment power infrastructure theme is seen as continuing through nuclear, grid, wires, hydrogen, and transformers.
  • He sees oil staying elevated until the US election, which supports refining stocks but keeps macro conditions uncomfortable.
  • Visa's stablecoin card and on-chain credit push is flagged as an ecosystem-changing fintech shift.
  • On futures and options expiration, extreme intraday or closing moves are expected to revert the next day.
Ideas
Park Byeong-chang Director, MP Partners 5:27
AI sector is safety destination
With war extending, oil elevated, and rate-hike risks uncomfortable, money is rotating into relatively safe but still profitable areas; the clearest such destination is the AI sector, as shown by US semiconductor and data center names rallying on the new AI announcement.
XLK HIGH
Park Byeong-chang Director, MP Partners 5:34
Financial holding companies are safety destination
In the same uncertain macro environment, the other relatively safe but profitable area is financial holding companies; the market has been rotating into names such as Shinhan Financial Group when the KOSPI weakens.
Korean Financial Holding Companies 055550.KS MED
Park Byeong-chang Director, MP Partners 7:22
SK Hynix and Samsung Electronics rise short-term
SK Hynix's ADR rose about 7% overnight and made a new high, while Samsung Electronics and other related semiconductor names are expected to follow higher in the Korean session; SK Hynix is seen as having room to continue rising.
KS HIGH
Park Byeong-chang Director, MP Partners 8:28
Refining stocks now follow oil
Unlike the early war period when oil spiked but Korean refining stocks did not rally, refining stocks are now following oil higher; with oil expected to stay elevated, names like S-Oil and SK Innovation are moving up.
010950.KS 096770.KS MED
Park Byeong-chang Director, MP Partners 8:44
Korea power infrastructure theme continues
Korea's US investment announcement has rotated across nuclear, hydrogen fuel cells, transmission lines, and transformers; the core is power infrastructure, and the related theme is unlikely to break despite some profit-taking because it matches US needs with Korean capabilities.
PAVE HIGH
Park Byeong-chang Director, MP Partners 16:32
China ESS curbs benefit Korean battery stocks
China is suspending approvals of new ESS factories because of oversupply; this benefits Korean battery makers that are expanding ESS capacity in North America while the US and Europe are already blocking Chinese entrants. Korean battery and ESS stocks have already bottomed and turned up, so this news is likely to be effective rather than a one-day event.
373220.KS KORU 006400.KS HIGH
Park Byeong-chang Director, MP Partners 21:48
KOSPI technical alignment is improving
On the futures and options expiration day with ETF rebalancing underway, extreme intraday moves tend to reverse; sharp morning moves often fade, and a large end-of-close spike should be sold because it typically reverts the next day. Placing low buy orders into such dislocations can capture the reversion.
EWY MED
Park Byeong-chang Director, MP Partners 24:50
Oil stays elevated until late October
Trump's wording points to the war continuing until late October, so oil prices are unlikely to fall near term; the speaker says investors should not trade expecting oil to decline before the election.
WTI HIGH
Park Byeong-chang Director, MP Partners 27:52
Apple's loyal customer moat is durable
Apple has shifted from product and technology differentiation to a loyal-customer-based economic moat; customers remain locked in because of ecosystem data and security, so Apple stays structurally sticky even without major new innovation. The speaker emphasizes that investors should look for companies with such loyal customer bases.
AAPL MED
Park Byeong-chang Director, MP Partners 32:13
Visa builds stablecoin payment infrastructure
Visa has expanded to more than 160 stablecoin-linked card programs and is combining payment settlement data with on-chain lending infrastructure to support card issuers and stablecoin card operators; the speaker views this as an ecosystem-changing fintech shift with Visa positioned at the center.
V MED
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This 3PRO TV (삼프로TV) video, published September 10, 2026, features Park Byeong-chang discussing XLK, Korean Financial Holding Companies, 055550.KS, KS, 010950.KS, 096770.KS, PAVE, 373220.KS, KORU, 006400.KS, EWY, WTI, AAPL, V. 10 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Park Byeong-chang  · Tickers: XLK, Korean Financial Holding Companies, 055550.KS, KS, 010950.KS, 096770.KS, PAVE, 373220.KS, KORU, 006400.KS, EWY, WTI, AAPL, V