[Highlight] This crisis should be viewed aggressively | Park Se-ik Senior Managing Director & Chesley Head of Learning & Dr. So Hyeon-cheol [Byeoljubujeon / 26.08.08.Sat]

Summary

Park Se-ik urges buying Korean equities aggressively during the early September dip, viewing the ongoing correction as an opportunity. Choi Ho presents a detailed bullish thesis on US solar beneficiaries OCI Holdings and Hanwha Solutions, driven by tariffs and AI data center mandates. Taeband adds a bullish call on the Korean battery/ESS basket and shares a market timing model using Kiwoom Securities and foreign futures.

• Park Se-ik sees the current correction ending with a W-shaped recovery and calls for aggressive buying on September weakness, focusing on leadership sectors.
• US tariffs (Section 232) effectively ban Chinese polysilicon, creating a massive opportunity for Korean suppliers OCI Holdings and Hanwha Solutions.
• Detailed analysis shows OCI Holdings can capture ~25% of the 130–170 trillion KRW US solar market with healthy polysilicon margins, and the stock has 30–40% upside with further potential on capacity expansion.
• Hanwha Solutions (Q Cells) avoids tariffs via US-based factories and can take ~20% of the US module market, benefiting from IRA subsidies and AI data center solar mandates.
• AI data centers are pivoting to solar+ESS for 60% of new power, with state-level mandates enforcing 80%+ clean energy, underlining the scale of the solar theme.
• Taeband argues the same US supply chain decoupling logic applies to Korean battery/ESS stocks, urging a basket approach and noting early foreign accumulation.
• A proprietary market timing tool using Kiwoom Securities weekly trend and KOSPI foreign futures can guide entry/exit, currently in a cautious watch phase.
• A rejected US-Japan currency coordination thesis and a too-weak Samsung SDI turnaround note were not included as standalone ideas.