Highest since 2008 financial crisis - The real reason the stock market is collapsing now / A bigger negative event than Samsung Electronics strike has erupted | CEO Lee Dong-geun

Summary

CEO Lee Dong-geun analyzes the Korean stock market decline, attributing it primarily to surging US long-term bond yields (30-year at 5.2%). He downplays the Samsung Electronics strike as a temporary factor and expects market stabilization. He recommends Hyundai Motor Group stocks for robotics exposure and advises avoiding Korean biotech due to rate sensitivity.

• Lee Dong-geun identifies rising US 30-year Treasury yields as the main driver of the market selloff.
• He views the Samsung Electronics strike as a short-term uncertainty rather than a systemic risk.
• He is bullish on Hyundai Motor and Hyundai Mobis, citing intact robotics momentum after the recent pullback.
• He considers Korean biotech unattractive because high long-term rates hurt growth-sensitive sectors.
• Foreign selling is seen as mechanical rebalancing, not a structural exit from Korean equities.
• He expects the index to stabilize near current levels, with upside catalysts from resolution of labor issues and rate stabilization.