‘Odd Lots’ Hosts Discuss Stock Rout, AI Boom Winners | The China Show 6/8/2026

Summary

The episode covers a broad tech rout in Asian markets triggered by a strong US jobs report and rising rate hike expectations, with Korea and Taiwan hit hardest. Speakers from Matthews Asia and JPMorgan Asset Management remain structurally bullish on AI-driven growth, viewing the selloff as a buying opportunity in Korea and SK Hynix. Geopolitical tensions between Israel and Iran add upward pressure on oil prices, while Southeast Asian markets like Indonesia and the Philippines face currency and regulatory headwinds.

• Asian tech stocks plunge following blowout US payrolls data and rising Fed rate hike odds.
• Nvidia CEO Jensen Huang visits South Korea, announces partnership and urges buying SK Hynix on the dip.
• Sean Taylor (Matthews Asia) says the correction is technical and recommends increasing exposure to Korea, Singapore, and Vietnam.
• Sean Taylor advises avoiding India, Philippines, and Indonesia due to valuation, politics, or regulatory risks.
• Sylvia Sheng (JPMorgan AM) maintains overweight on Korea and Japan, and sees gold as a strategic hedge.
• Geopolitical escalation between Israel and Iran pushes oil above $96, but crude remains below $100.
• Leveraged single-stock ETFs in Korea are amplifying market volatility.
• China and Hong Kong investors are barred from participating in the SpaceX IPO due to national security concerns.