Korean Stock Market in Fear… Is It Time for a Rebound After This Much Stock Price Drop? / Is Kimi K3 a Boon for Samsung Electronics? | Director Park Hyun-sang

Summary

Director Park Hyun-sang argues the extreme fear in Korean markets is overdone and a sharp rebound is brewing. He points to excessively sold semiconductor leaders, oversold names like Samchundang Pharm signaling a turn, and tactical entry points in shipbuilding, defense, and financials after pullbacks.

• KOSPI tests 120-day moving average with double bottom potential amid COVID-era levels of investor panic, setting up a powerful bounce.
• Samsung Electronics and SK Hynix have fallen far more than earnings reality warrants; SK Hynix down 43% from highs despite strong AI-driven memory demand.
• Samchundang Pharm's limit-up after a ~90% crash shows deeply oversold stocks can surge on even modest catalysts.
• Kimi K3's high GPU requirements reinforce the need for high-performance memory, a positive for semiconductor demand.
• Korean shipbuilding charts show a constructive base, with solid earnings and positive backlog news yet to be priced in.
• LIG Nex1 and defense stocks should be bought after a likely dip around Q2 results, with strong H2 earnings backlog.
• Hyundai Mobis exhibits standout sideways resilience in a weak market, deserving attention.
• KB Financial and bank stocks have already run up defensively; a pullback to box-range support offers a better entry.