If you buy in the morning, you'll get stuck." How to distinguish the 'real leading stocks' that will overcome high interest rates in the Korean stock market, which has entered a bear market | Hong Seon-ae, Park Byeong-chang, MP Partners CEO [Yeouido Insight]

Summary

CEO Park Byeong-chang analyzes the Korean stock market correction, highlighting the tug-of-war between macro headwinds (high rates, strong dollar) and AI growth optimism. He advises focusing on semiconductor leaders Samsung and SK hynix, along with power equipment and physical AI stocks, while pruning weak positions. Park also discusses bond vigilante behavior and expects policy responses to stabilize Treasury yields.

• Park sees short-term rebound potential but medium-term caution due to high US Treasury yields.
• He recommends concentrating on the top two semiconductor stocks (Samsung, SK hynix) as core holdings.
• Power equipment and physical AI themes are also favored but no specific companies are named.
• He explains intraday trading patterns: sell weak stocks in the morning, buy strong ones in the afternoon.
• Park discusses bond vigilantes attacking Treasuries and potential stablecoin-driven demand.
• He advises pruning diversified weak positions to raise cash and hold only core leaders.
• The market is waiting for Samsung labor negotiations and US-Iran ceasefire developments.
• He remains uncertain about the macro vs AI growth outcome but sees semiconductors and power equipment as safest.