Direct Contact with the Korean Government? What If It Happens? | Kwon Taek-jung, Hana Securities The Centerfield W Assistant Branch Manager [Double Crew]

Summary

Kwon Taek-jung, an assistant branch manager at Hana Securities The Centerfield W, argues that Korean stocks are bottoming after July's decline and that KOSPI is in a favorable re-accumulation window. He expects Nvidia's August 26 earnings to act as a positive catalyst after strong AI-infrastructure results, and highlights Temasek's reported direct interest in Samsung Electronics and SK hynix. He also favors Korean semiconductor equipment/materials and backend packaging/testing names as beneficiaries of memory expansion and outsourcing.

• Kwon Taek-jung views the recent rebound after July's decline as a bottom-building phase for Korean stocks.
• Nvidia's August 26 earnings are seen as likely positive after AMD, TSMC, SMCI, and CoreWeave cleared AI-infrastructure concerns.
• Temasek is reportedly considering its first direct Korean investment in Samsung Electronics and SK hynix, viewing them as undervalued.
• The reported SK Group China packaging plant sale is interpreted as margin-positive portfolio rebalancing.
• Korean semiconductor equipment and materials are favored on global fab capacity expansion and improving earnings.
• Backend packaging/testing names such as SFA Semicon and Hana Micron may benefit from outsourcing and rising utilization.
• Family-office clients used the July drawdown to rebalance into KOSPI and core semiconductor names.