Money that had focused only on Samsung Electronics and SK hynix moved... Reasons for spreading to power equipment, secondary batteries, and construction | Lee Jae-gyu, SK Securities PB Assistant Manager
Money that only looked at Samjeon-Nix moved... Reasons for spreading to power, secondary batteries, and construction | Lee Jae-gyu, SK Securities PB Assistant Manager [Focus Today's Stock]
Watch on YouTube ↗
|
August 27, 2026 at 11:30
|
39:49
|
3PRO TV (삼프로TV)
Ideas
KOSPI and KOSDAQ uptrend is intact.
The Korean market is normalizing after the sharp July selloff, with liquidity supply supporting a broad rebound across KOSPI and KOSDAQ. He sees an uptrend structure forming and believes pullbacks are buyable, even if index-level strength cools while sector rotation accelerates.
Samsung Electronics and SK hynix bullish.
Nvidia's strong earnings and confident memory commentary are very positive for Korean memory makers. SK hynix is approaching its 1.75 million won resistance but he expects a breakout, and there is no current reason to be negative on Samsung Electronics and SK hynix. The main risk is if Nvidia or Micron close weak tomorrow, which would require near-term caution in Korean semiconductors.
Secondary batteries with ESS upside favored.
Secondary battery stocks are rising on rotation and he gives them a high score because large institutional and foreign money can flow into the sector. He focuses on ESS rather than EVs, arguing ESS shortage is likely by the second half of 2027 and that a shift toward ESS can raise utilization and lower fixed-cost pressure. Samsung SDI is showing relative strength and absorbed bad news without breaking down, reflecting strong buying demand.
Korean power equipment is attractive again.
He changed his previously conservative view on Korean power equipment. The sector has corrected enough, supply-related issues have eased, and AI data-center power demand is growing faster than the economy. As long as semiconductors hold up, power equipment looks attractive despite being somewhat more expensive than shipbuilding and defense on valuation.
Korean semiconductor suppliers look attractive now.
He previously favored Samsung Electronics and SK hynix over semiconductor small/materials/parts/equipment names, but now sees that group becoming attractive as long as the top two hold. Rotation can make these suppliers trade more elastically, and PCB is now treated as an expanded part of the semiconductor supply-chain theme with money flowing in.
Nvidia must clear technical resistance.
Nvidia's earnings were strong and its confidence is high, but the stock is at technical resistance after falling from around 230. He expects a breakout if it can clear and hold the resistance zone, but if Nvidia and Micron fail to hold gains into the US close, Korean semiconductor positions need caution tomorrow.
Korean nuclear power deserves renewed attention.
Nuclear power is attracting renewed funds and remains a standalone theme because Korean companies have reference experience across APR1400, SMR, and fourth-generation reactors. US-China restriction dynamics add momentum, and Hyundai Engineering & Construction has built about eight of the 23 reactors constructed outside China and Russia over the past decade.
Korean construction has nuclear, data-center catalysts.
Construction stocks are underappreciated because they now have both nuclear and data-center catalysts, not just the old domestic housing logic. While Hyundai E&C's PER is not cheap versus the sector, PBR has more room than shipbuilding, power equipment, and defense. Companies that can build semiconductor fabs, AI data centers, and nuclear plants are positioned for a re-rating.
Policy event may boost low PBR stocks.
The domestic policy reset theme has returned, with discussion of stock price support for low PBR companies and possible mandatory disclosure measures. He sees this as an event-driven tailwind that can continue into year-end.
Small-cap TLB notable PCB beneficiary.
Within the PCB move, he highlights TLB as a small-cap name that can receive the most benefit and produce volatility, though its market capitalization is very small.
This 3PRO TV (삼프로TV) video, published August 27, 2026,
features Lee Jae-kyu
discussing KOSDAQ Index, EWY, 000660.KS, 005930.KS, 006400.KS, PUI, Korea semiconductor materials/parts/equipment, Korea PCB sector, NVDA, 034020.KS, Hyundai Engineering & Construction, 028260, 028260.KS, 000720.KS, 028050.KS, Korea low PBR stocks, 356860.
10 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Lee Jae-kyu
· Tickers:
KOSDAQ Index,
EWY,
000660.KS,
005930.KS,
006400.KS,
PUI,
Korea semiconductor materials/parts/equipment,
Korea PCB sector,
NVDA,
034020.KS,
Hyundai Engineering & Construction,
028260,
028260.KS,
000720.KS,
028050.KS,
Korea low PBR stocks,
356860
