Has Memory Semiconductor Hit Bottom? Long-Term Foreign Investors Started Buying. / US Long-Term Treasury Yields Soar, What Will Be the Impact on the Korean Stock Market? | CEO Lee Gwon-hee

Summary

Lee Kwon-hee of Wizwave analyzes the current market, highlighting a strong rebound in the memory semiconductor sector driven by positive sentiment and foreign investment. He provides several specific, earnings-driven bullish theses on Korean stocks, including Seobu T&D (tourism), BHI (power equipment), and Robotis (robotics). Lee Kwon-hee also discusses broader themes, such as the potential for the Unitree IPO to catalyze the Korean robotics sector and SK Telecom's value as a proxy for the high-growth AI company Anthropic.

• The memory semiconductor market shows signs of bottoming, with strong performance from SK hynix, Micron, and Kioxia.
• Lee Kwon-hee is bullish on Seobu T&D (004600.KS) due to a surge in Chinese tourists visiting Korea instead of Japan.
• BHI (083650.KQ) is recommended for its massive earnings surprise and strong order backlog in the power generation equipment sector.
• Robotis (108490.KQ) is another pick with strong earnings, fueled by actuator sales to both China and North America.
• The upcoming IPO of Chinese robotics firm Unitree is viewed as a potential positive catalyst for the entire Korean robotics sector.
• SK Telecom (017670.KS) is presented as a stock to watch for its exposure to AI via its stake in the rapidly growing company Anthropic.
• US consumer stocks like Nike are showing weakness, potentially signaling a broader slowdown in consumer spending.
• Rising US Treasury yields continue to be a key macro factor influencing the market.