Nasdaq Falls 2%, Sell America: Is It Time to Buy More? How to Judge | Bae Je-won, Vincent, Pyeon Da-song

Summary

Bae Je-won, a private banker, discussed a sharp Korean market decline triggered by US-Greenland tensions and a Sell America trade, arguing the drop was macro noise rather than fundamental deterioration. He favored buying semiconductor dips, citing persistent DRAM and NAND shortages. He also advised watching Korean bio leaders such as Samsung Biologics and Celltrion, while noting rotation into autos and robotics. Alteogen's royalty shock and macro rate worries weighed on bio sentiment but did not produce a clean bearish trade.

• Korean market fell on US-Greenland tensions and Sell America worries, not corporate fundamentals.
• Bae compared the selloff to April 2025 and argued dips should be bought.
• Semiconductors held up on DRAM and NAND supply shortages and long-term contract demand.
• Samsung Electronics and SK hynix remain core Korean market leaders.
• SanDisk and Micron showed resilient semiconductor price action.
• Alteogen's lower-than-expected royalty rate hurt KOSDAQ bio sentiment.
• Korean bio leaders Samsung Biologics and Celltrion may benefit from BIOSECURE Act and earnings.
• 2026 leadership was framed as rotation among semiconductors, autos, and robotics.