Is the Concentrated Market Over? The Era of Small and Mid-Cap Stocks Is Finally Coming / Divide Stocks to Buy and Sell Like This | CEO Lee Kwon-hee

Summary

Lee Kwon-hee, CEO of Wizwave, argues that the period of extreme market concentration is ending, and small/mid-cap stocks are poised to lead. He presents specific long ideas including SK Telecom as an AI re-rating play, Silicon2 on absurdly low PER, Hanwha Solutions riding US solar recovery, Korean biotech ahead of a September rally, and beaten-down power equipment stocks converging with surging US peers. He also shares his personal dip-buying of SK hynix and KODEX Leverage, and explains how SK hynix ADR listing can stabilize volatility.

• Expects market concentration to ease as US rate peak expectations build and yields turn lower.
• Sees biotech, solar, secondary batteries and power equipment as the main beneficiaries of rotation into small/mid-caps.
• Recommends SK Telecom (017670.KS) re-rating as an AI stock with solid 2Q earnings and dividend normalization.
• Highlights Silicon2 (257720.KQ) PER of 8.2 as unreasonably cheap after a steep decline.
• Points to resolving US solar module oversupply favoring Hanwha Solutions (009830.KS).
• Argues Korean power equipment stocks (LS Electric, Hyosung Heavy, Sanil Electric) must catch up with strong US peers.
• Personally bought SK hynix (000660.KS) and KODEX Leverage (122630.KS) during the panic, citing intact fundamentals and future ADR price anchor.