Samsung Electronics, SK Hynix Adjusting and the Market is Normalizing / July's Empty House Stocks Where Money Will Flood In Are 'Here' | Lee Gwon-hee CEO

Watch on YouTube ↗ | July 01, 2026 at 04:15 | 22:32 | 815 Money Talk (815머니톡)

Speakers

Lee Kwon-hee — CEO, Economist

Host

Summary

CEO Lee Kwon-hee dismisses BlackRock’s rotation out of Korea/Taiwan semis as self-serving noise, arguing Korean memory chips remain irreplaceable. He lays out a core July strategy to buy oversold Korean large-caps with strong earnings that institutions have neglected while Samsung and SK hynix consolidate. He also highlights Samsung Electro-Mechanics and Naver as specific undervalued stories and notes the semiconductor equipment sector is booming on record Korean capex.

Lee Kwon-hee argues BlackRock’s reduction of Korea/Taiwan semiconductor exposure is a headline, not a fundamental shift, as Korean memory makers are essential to US AI.
Samsung Electronics and SK hynix are not likely to drop sharply but will consolidate, allowing market normalization.
The key July idea is to buy ‘empty-house’ stocks that institutions oversold but which have solid earnings, with a long list of names across autos, biotech, construction, IT services.
Semiconductor equipment stocks globally are surging because of Korea’s massive investment cycle, with foreign investors actively buying Korean equipment names.
Samsung Electro-Mechanics gets a bullish target raise on a 450 billion won contract and strong MLCC demand.
Naver is severely undervalued and at an inflection point with Neocloud/Nvidia partnership, with multiple catalysts ahead.
Won/dollar and Fed noise are dismissed as non-actionable; the focus should remain on domestic stock rotation.

Ideas

Lee Kwon-hee CEO, Economist 0:27

Korean memory leaders remain indispensable.

Despite BlackRock reducing exposure to Korea and Taiwan citing overheating and rotation into US tech, the CEO argues that Korean memory makers Samsung Electronics and SK hynix are irreplaceable in the AI supply chain. US companies like Apple and Nvidia cannot sustain operations without them. Massive domestic semiconductor investment reinforces their dominance. The recent selling is self-serving noise; the essential role of Korean memory chips means positions should be maintained, and any consolidation is temporary.

Lee Kwon-hee CEO, Economist 12:08

Oversold earnings stocks to rotate back.

Institutional investors have heavily sold a wide range of Korean large-cap stocks due to crowding into Samsung Electronics and SK hynix. These stocks have fallen sharply but maintain solid earnings. As the Q2 earnings season (July-August) approaches, money will rotate back into these ‘empty-house’ stocks that are underweighted by institutions. This rotation creates a core July strategy to buy the oversold names with earnings momentum.

Lee Kwon-hee CEO, Economist 14:01

Korean capex boom lifts equipment stocks.

Korea’s unprecedented semiconductor investment (estimated up to 1,500 trillion won) is driving massive demand for semiconductor equipment. Foreign investors are actively buying into Korean semiconductor equipment names, and global leaders like Applied Materials, KLA, and ASML are surging because of orders from Korea. This capex cycle will sustain growth in the equipment sector.

Lee Kwon-hee CEO, Economist 17:35

Naver deeply undervalued, catalysts ahead.

Naver is trading at excessive undervaluation despite a transformational inflection point through its Neocloud business and Nvidia partnership. AI monetization, advertising/commerce recovery, and upcoming catalysts such as digital asset legislation will drive a re-rating. Market concerns about data center demand are overblown.

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This 815 Money Talk (815머니톡) video, published July 01, 2026, features Lee Kwon-hee discussing 005930.KS, 000660.KS, 066570.KS, 005380.KS, 307950.KS, 440110.KQ, LG CNS, 047040.KS, 000720.KS, 000150.KS, 018260.KS, 128940.KS, 010060.KS, 000880.KS, 272210.KS, 036930.KQ, 009540.KS, 004170.KS, 009150.KS, 373220.KS, 207940.KS, 034020.KS, 000270.KS, 068270.KS, 006400.KS, 003550.KS, 010120.KS, 471990.KS, 007660.KQ, AMAT, KLAC, ASML, 035420.KS. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Lee Kwon-hee · Tickers: 005930.KS, 000660.KS, 066570.KS, 005380.KS, 307950.KS, 440110.KQ, LG CNS, 047040.KS, 000720.KS, 000150.KS, 018260.KS, 128940.KS, 010060.KS, 000880.KS, 272210.KS, 036930.KQ, 009540.KS, 004170.KS, 009150.KS, 373220.KS, 207940.KS, 034020.KS, 000270.KS, 068270.KS, 006400.KS, 003550.KS, 010120.KS, 471990.KS, 007660.KQ, AMAT, KLAC, ASML, 035420.KS