Samsung Electronics Provisional Earnings Announcement, This You Must Pay Attention To / 24-Hour Foreign Exchange Market Trading Implemented, Can It Catch the Exchange Rate? | Lee Kwon-hee CEO

Summary

Lee Kwon-hee discusses market conditions, noting foreign selling pressure but sees Isu Petasys recovering and recommends buying Samsung Electronics and SK Hynix over KOSDAQ after a leverage ETF weakness. He highlights the positive impact of 24-hour forex trading on KOSPI via MSCI inclusion. He also notes Samsung's Anthropic collaboration benefits semiconductor design partners. He advises holding biotech and battery stocks near bottoms, while observing shipbuilding strength.

• Foreign selling remains heavy but institutions may absorb it, with Isu Petasys seen as likely to rebound.
• KOSDAQ has weakened since the launch of leveraged ETF, making Samsung and SK Hynix more attractive.
• 24-hour forex trading positive for KOSPI as it removes a hurdle to MSCI developed market status.
• Samsung's collaboration with Anthropic on AI chips boosts interest in small-cap Korean semiconductor IP/design stocks.
• Biotech and secondary battery sectors are near a bottom, with analysts expecting improvement in September.
• Shipbuilding stocks, led by Hyundai Heavy, are performing well; Hanwha Ocean rallies on defense bank news.
• Cosmetics stocks supported by strong foreign tourist demand and good Q2 earnings.