Bad News Is Over! 'V-Shaped Rebound' Timing Arrives With Macro Stability | Lee Jae-gyu, SK Securities PB Deputy Manager [Today's Featured Stock]

Summary

Lee Jae-gyu, a deputy manager at SK Securities, discusses the Korean market's strong rebound and argues that a V-shaped recovery is underway as macroeconomic headwinds ease. He identifies semiconductors as the leading sector, with Samsung Electronics and SK hynix as core holdings, and also highlights opportunities in secondary batteries (Samsung SDI) and the KOSDAQ index due to upcoming fund inflows. The speaker advises against panic selling and expects further upside if macro conditions remain stable.

• KOSPI staged a sharp rebound after several days of decline, signaling a potential V-shaped recovery.
• Macro stability (lower oil, easing Iran-US tensions, declining bond yields) is a key driver of the recovery.
• Samsung Electronics and SK hynix remain the primary beneficiaries of AI/HBM demand and are attractively valued.
• Secondary batteries, led by Samsung SDI, are expected to benefit from fund rotation as the rally broadens.
• The KOSDAQ index is poised for inflows from the upcoming National Growth Fund.
• Individual investors sold heavily into the rebound, which the speaker views as a contrarian signal for continued upside.
• The speaker maintains a high equity allocation and has increased his KOSDAQ weighting.
• Sectors like robotics are strong, but the speaker did not give a specific tradable expression for them.