Samsung Electronics, SK Hynix Export Data Shows... The Real Reason for Today's Stock Price Plunge / Market Likely to Consolidate for 4 Weeks | CEO Lee Kwon-hee

Summary

CEO Lee Kwon-hee analyzes the July 1 Korean market sell-off in Samsung Electronics and SK hynix, attributing it to DRAM export unit price data and profit-taking after a 50% rally. He expects the KOSPI and large-cap semiconductors to undergo a time correction of up to 4 weeks, while the KOSDAQ may show relative strength. He identifies several stock-specific opportunities in Isu Petasys, power equipment, semiconductor equipment, RNA therapeutics, and Space X-related names, and notes a positive options signal for the next trading day.

• KOSPI fell despite good U.S. markets, with Samsung Electronics and SK hynix dropping sharply on DRAM export price data and profit-taking.
• Lee Kwon-hee interprets the DRAM unit price decline as a mix effect from low-end shipments, not a fundamental collapse.
• He projects a 4-week consolidation phase for KOSPI and Samsung/SK hynix, with the larger uptrend intact and recommends gradual dip-buying.
• KOSDAQ is seen as potentially outperforming within a 950–1050 range during this period, after its earlier severe correction.
• Isu Petasys highlighted as a strong breakout with heavy institutional buying and a key resistance level at 120,000 won.
• Power equipment stocks (LS Electric, Sanil Electric) are favored on strong domestic and export demand.
• Semiconductor equipment/materials rally continues but shows intraday profit-taking; RNA therapy stocks gain on Moderna's new highs.
• Space X-related HVM and Spear are climbing; HVM noted as cheap at 29x forward earnings.
• Options market signals suggest a positive bias for the next trading day.