July 9 Closing Market: Samsung Electronics and SK Hynix Must Be 'Like This' to Surge! The Only Condition for KOSDAQ Rebound
[July 9th Closing Market Conditions] Samsung Electronics & SK Hynix Must Be 'Like This' to Surge! The Only Condition for KOSDAQ Rebound | Hong Seonae, Lee Gwonhui, Park Myeongseok [Closing Bell Live]
Watch on YouTube ↗
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July 09, 2026 at 08:17
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1:14:18
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3PRO TV (삼프로TV)
Ideas
Samsung is cheap, ADR overhang will fade.
The heavy foreign selling in Samsung Electronics recently is largely driven by reallocation into the SK Hynix ADR subscription. Once the ADR pricing is set at today’s close and the listing event passes, that flow should reverse and money will come back to Samsung. Combined with a PBR below 5x, quarterly operating profit of 100 trillion won, and earnings estimates of 380 trillion won next year and 500+ trillion won the year after, Samsung is significantly undervalued and due for a recovery.
ADR overhang clears, SK Hynix will rise.
SK Hynix ADR demand is 7x oversubscribed, showing strong global interest. Because the ADR issue price is fixed at today's closing price, institutional investors have an incentive to keep the local stock price subdued until the pricing is done. Once the ADR lists tomorrow night and that demand becomes visible, the overhang clears and SK Hynix can resume its uptrend with global fund inflows supporting the stock.
US semis bounce, rotation back starting.
US semiconductors are starting to revive after a severe correction. The Philadelphia Semiconductor Index bounced exactly at its 60-day moving average and is now recovering. Meanwhile, the Dow and financial ETFs that led during the rotation are starting to show red candles, signaling money is rotating back into semiconductors ahead of earnings season. This early recovery in US semis will eventually pull Korean semiconductor stocks higher.
KOSPI at crisis valuation, uptrend intact.
KOSPI is trading at a PBR of 6.1x, comparable to the 2008 financial crisis bottom. The monthly chart shows the index is still above the 5-month moving average, meaning the long-term uptrend is not broken. Corporate earnings are strong, with AI-driven semiconductor demand ensuring tight DRAM supply until 2028. Multiple macro worries (meta capex fear, oil, Iran tensions) are being resolved, and the current sell-off is mostly psychological rather than fundamental. This creates a cheap buying opportunity.
Design house stocks turn around with cycle.
Korean semiconductor design house and related equipment stocks are turning around as the broader semiconductor cycle improves. Eisingland is set to benefit from a new SSD-related collaboration with SK Hynix and is expected to swing to profit. Gaunchips is levered to Samsung Electronics' improving foundry business, which just turned profitable. Other names like Nepes and Ark in packaging are also recovering, supported by significant volume breakouts and bargain-level prices after sharp declines.
Substrate stocks rebound as Nvidia delay denied.
Korean substrate makers such as Daeduck Electronics, Isu Petasys, and Simmtech got punished after rumors that Nvidia's Rubin Ultra rack was delayed, which would reduce substrate demand. Nvidia has since clarified the timeline is on schedule, and JP Morgan's positive checks remove that overhang. These stocks are closely tied to Nvidia's advanced packaging and can rebound from deeply oversold levels.
Protech fundamentals intact, rebound coming.
Protech is a packaging equipment company with solid core business. The recent one-month decline is purely market-wide selling, not fundamental deterioration. A large volume spike on a bullish candle occurred earlier, similar to patterns seen in other small-cap turnarounds like Intekplus, indicating strong accumulation. Once the stock reclaims the 120-day moving average, a recovery rally is highly probable.
This 3PRO TV (삼프로TV) video, published July 09, 2026,
features Lee Kwon-hee, Park Myung-seok
discussing 005930.KS, 000660.KS, SOX, EWY, Eisingland, Gaunchips, 353200.KS, Isu Petasys, 222800.KQ, Protech.
7 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Lee Kwon-hee,
Park Myung-seok
· Tickers:
005930.KS,
000660.KS,
SOX,
EWY,
Eisingland,
Gaunchips,
353200.KS,
Isu Petasys,
222800.KQ,
Protech
