Concentration and Peak Controversy... Should We Sell Samsung Electronics and SK Hynix Now? / What is the Market Direction After FOMC? | Yuanta Securities Department Head Park Jin-hee

Summary

Park Jin-hee, Department Head at Yuanta Securities, discusses post-FOMC market direction, the concentration peak in Samsung Electronics and SK Hynix, and where to rotate next. He expects a short-term technical rebound in beaten-down cyclical and growth sectors in June, advocates holding and actively trading the two semiconductor giants, and pinpoints semiconductor substrates and front-end equipment as the top sub-sector focus. Risk management remains critical amid extreme volatility.

• Extreme market volatility persists; active trading is essential to protect gains.
• Concentration in Samsung Electronics and SK Hynix may temporarily ease, allowing oversold cyclicals to rebound in June.
• Oversold growth sectors (biotech, batteries, entertainment, gaming) poised for a rebound as rate and war fears subside.
• Samsung Electronics and SK Hynix remain cheap; hold with active box-range trading.
• Within semiconductors, substrates and front-end equipment are the strongest sub-sectors supported by earnings and capex.
• Tactical dip-buying opportunity in Samsung Electro-Mechanics and Ennotec after ETF rebalancing.
• Pearl Abyss buyback highlights deep undervaluation in gaming.
• Margin users must exercise strict risk management to survive and benefit from the next upswing.