May 26 Closing Market Conditions - KOSPI Closes at All-Time High, No AI Without Substrates! The Hidden Leader That Will Skyrocket More Than Samsung and SK Hynix

Summary

The May 26 KOSPI closed at a new all-time high, led by semiconductor component stocks, shipbuilding, and defense. Analysts highlighted Samsung Electro-Mechanics as the hidden leader in AI infrastructure due to its unique MLCC-substrate synergy and silicon capacitor breakthrough. SK Hynix is expected to benefit from the launch of 2x leveraged ETFs. Shipbuilding stocks rallied on Canadian naval orders and defense spending. Caution was advised on chasing overheated names like Samsung Electro-Mechanics and LG Innotek due to overbought technicals.

• KOSPI closed at 8,047, up 2.5%, marking a new all-time high after 6 trading days.
• Samsung Electro-Mechanics surged 17% to 157,000 won on MLCC and substrate momentum.
• LG Innotek rose 24% to 1.06 million won, becoming a 'hwangjeju' (over 1 million won stock).
• HD Hyundai Heavy Industries and Hanwha Ocean jumped 9-10% on naval order expectations.
• SK Hynix hit 2.05 million won, driven by HBM and anticipation of 2x ETF inflows.
• Samsung Electronics failed to hold 300,000 won due to union uncertainty.
• Analysts recommend buying Samsung Electronics on dips and waiting for pullbacks in MLCC stocks.
• Solar energy stocks like OCI Holdings and Jusung Engineering were flagged as a watch area.