As soon as the market opened, individuals dumped KOSPI and KOSDAQ, while foreigners bought futures for 3 consecutive days... Is this a bottom signal before a rebound? | CEO Lee Kwon-hee

Summary

CEO Lee Kwon-hee analyzes a live sell-off in Korean markets, where individual investors dumped stocks heavily while foreigners and institutions accumulated. He highlights that the sell-off is emotionally driven rather than fundamental, with much of the prior negative catalysts resolved. Foreign futures buying for three straight days and Morgan Stanley's substrate shortage report offer potential rebound catalysts. He advises patience and suggests that Samsung, SK hynix, and substrate stocks like Simmtech may benefit.

• KOSPI and KOSDAQ fell sharply as individuals sold over 2 trillion won, while foreigners and institutions bought.
• Foreigners bought index futures for three consecutive days, signaling potential bottom.
• Prior headwinds like memory oversupply fears have largely dissipated.
• Middle East tensions added a brief scare but oil price reaction was muted.
• Substrate stocks rallied on a Morgan Stanley report of supply shortages.
• Lee advises holding existing positions, and only investors with 100% cash should gradually accumulate.
• Samsung Electronics and SK hynix are being accumulated by foreigners despite retail selling.