Why You Should Increase Your Allocation in a Market Like This | Son Sooyeon, Hana Securities Yongsan WM Center Staff [Double Crew]

Summary

Son Soo-hyun from Hana Securities argues that current market weakness, driven by macro fears and an NVIDIA capacity rumor, is a buying opportunity for AI and memory stocks. She recommends phased buying into June and July earnings seasons, and sees no reason for a sustained rate increase. The long-term AI cycle remains intact, and recent corrections mirror past buying opportunities.

• Market declined due to NVIDIA capacity reduction rumor and macro data (strong nonfarm payrolls), but speaker views the rumor as supply-driven, not demand weakness.
• She shows NVIDIA's historical pullbacks to argue that long-term AI demand is intact and current selloffs are buying opportunities.
• Memory stocks Samsung Electronics and SK Hynix are highlighted as strong, with DRAM prices still rising and Jensen Huang's endorsement.
• She advises investors to hold cash and buy in increments, focusing on upcoming CPI/PPI data and June/July earnings.
• She believes there is no further upside for rates given Trump jawboning and stable inflation expectations.
• The KOSPI 7,500 level is seen as a first support, but she does not explicitly recommend buying the index.