Interest rates might not rise? Then how far should we look? | Lee Ju-yeon, M Investment CEO

Interest rates might not rise?" Then how far should we look? | Lee Ju-yeon, M Investment CEO
Watch on YouTube ↗  |  September 04, 2026 at 01:22  |  35:49  |  3PRO TV (삼프로TV)
Speakers
Lee Ju-hyeon — Director, Xangle

Summary

Lee Ju-yeon, CEO of M Investment, discusses the Korean market after US rate-hike expectations eased on Christopher Waller's comments. He is positive but cautious on KOSPI/KOSDAQ, focusing on power infrastructure, robotics, secondary batteries tied to Tesla's Cybercab event, pharma/bio, refining, and copper/wire. He also reassures that Samsung Electronics and SK Hynix buybacks are not over and explains Alteogen's post-licensing weakness as supply-related. The overall tone is to avoid chasing gap-ups and wait for foreign inflows.

  • US rate-hike odds dropped after Christopher Waller's comments, supporting risk assets.
  • Korean market opens higher with foreign inflows in cash and futures.
  • Power infrastructure, robotics, and secondary batteries are top sectors.
  • Tesla Cybercab event is watched as a catalyst for Korean battery and EV supply chain names.
  • Alteogen's large licensing deal and patent win are offset by supply overhang but fundamentals remain intact.
  • Refiners and copper/wire names benefit from margins and commodity flows.
  • Speaker advises not to chase gap-ups and to watch foreign inflows and macro data.
Ideas
Lee Ju-hyeon Director, Xangle 3:12
US power infrastructure lifts Korean suppliers
US power infrastructure names led by Bloom Energy's 8% gain are carrying Korean power equipment, transformers and cable makers higher; Sanil Electric recently won Bloom Energy orders, and Gaon Cable and LS Electric are strong.
BE 000500.KS 010120.KS MED
Lee Ju-hyeon Director, Xangle 4:30
Semiconductor materials improve with growth rebound
Korean semiconductor equipment and materials names are improving as US rate-hike concerns ease and growth/AI stocks rebound.
Korean semiconductor equipment/materials LOW
Lee Ju-hyeon Director, Xangle 6:12
Korean indices positive on foreign inflows
Lee says he is not bearish on the Korean market and is now more positive: Christopher Waller's comments lowered US rate-hike odds, KOSPI and KOSDAQ gapped up over 1%, and foreign inflows are returning to cash and futures, though he cautions not to chase gap-ups because the intraday pattern can fade.
EWY KOSDAQ Index MED
Lee Ju-hyeon Director, Xangle 10:11
Buybacks remain despite offsetting block deals
Samsung Electronics and SK Hynix buybacks are not over; yesterday's seemingly light 1.5 trillion won buyback was offset by block deals, including POSCO, so underlying buyback support remains intact, though price strength still needs foreign inflows.
005930.KS 000660.KS MED
Lee Ju-hyeon Director, Xangle 12:15
Korean robotics names are sector leaders
Lee selects robotics as one of his top sectors; Robotis received a Goldman Sachs target near 600,000 won, and SPG and KNR Systems are among the strongest robot names on the screen.
108490.KQ 058610.KQ KNR Systems MED
Lee Ju-hyeon Director, Xangle 13:55
Alteogen rebound expected despite supply overhang
Despite a 4.4 trillion won licensing deal that expands Alteogen into gene therapy and the Halozyme patent dispute resolving in Alteogen's favor, the stock dropped because of post-free-issue supply and program selling; Lee sees weakness as unrelated to fundamentals, expects a rebound, and flags 290k/270k support as key levels.
196170.KQ HIGH
Lee Ju-hyeon Director, Xangle 21:38
Cybercab catalyst for Korean battery suppliers
Tesla's Cybercab event is a potential catalyst for beaten-down Korean secondary battery names; a positive robotaxi reveal and mass production next year would benefit battery cells, cathodes, camera modules/MLCC, and tire suppliers such as LG Energy Solution, LG Chem, L&F, EcoPro BM, LG Innotek, Samsung Electro-Mechanics, and Hankook Tire.
051910.KS 247540.KQ 009150.KS 161390.KS 066970.KS HIGH
Lee Ju-hyeon Director, Xangle 27:55
Physical AI demands NVIDIA GPU compute
Nvidia's acquisition of Hugging Face is a physical AI expansion strategy, and Figure's AI-server partnership using up to 100,000 Nvidia GPUs, including Vera Rubin, reinforces demand for Nvidia's data-center compute in robotics.
NVDA MED
Lee Ju-hyeon Director, Xangle 29:10
Pharma/bio can rebound with stable rates
If Treasury yields stay stable and macro sentiment calms, pharma/bio can rally because catalysts are abundant, including Moderna's phase 3 RNA therapy success and US government funding for personalized RNA/gene therapy manufacturing.
Korean pharmaceutical/biotech sector MED
Lee Ju-hyeon Director, Xangle 31:50
Refining margins strong through H1 next year
S-Oil, SK Innovation and GS are moving higher because refining margins are expected to remain good through H1 next year and US refiners are repeatedly making new highs, so Korean refining stocks are following.
010950.KS 096770.KS 078930.KS MED
Lee Ju-hyeon Director, Xangle 32:56
Inflation hedge flows favor raw materials
Lee says to view refining as a commodity, and that inflation-hedge flows are rotating into raw materials including gold, silver, copper and oil, with US raw-material stocks strong.
GLD COPPER SILVER WTI MED
Lee Ju-hyeon Director, Xangle 33:37
Copper pass-through expands LS margins
Wire companies like LS can pass through rising copper prices, buying copper when cheap and selling products higher when copper rises, so margins expand; Lee personally focuses on LS.
006260.KS MED
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3PRO TV (삼프로TV) · Sep 04

This 3PRO TV (삼프로TV) video, published September 04, 2026, features Lee Ju-hyeon discussing BE, 000500.KS, 010120.KS, Korean semiconductor equipment/materials, EWY, KOSDAQ Index, 005930.KS, 000660.KS, 108490.KQ, 058610.KQ, KNR Systems, 196170.KQ, 051910.KS, 247540.KQ, 009150.KS, 161390.KS, 066970.KS, NVDA, Korean pharmaceutical/biotech sector, 010950.KS, 096770.KS, 078930.KS, GLD, COPPER, SILVER, WTI, 006260.KS. 12 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Lee Ju-hyeon  · Tickers: BE, 000500.KS, 010120.KS, Korean semiconductor equipment/materials, EWY, KOSDAQ Index, 005930.KS, 000660.KS, 108490.KQ, 058610.KQ, KNR Systems, 196170.KQ, 051910.KS, 247540.KQ, 009150.KS, 161390.KS, 066970.KS, NVDA, Korean pharmaceutical/biotech sector, 010950.KS, 096770.KS, 078930.KS, GLD, COPPER, SILVER, WTI, 006260.KS