Why KOSDAQ Should Be Watched Despite Samsung/SK Hynix Previous-High Forecasts: September Small/Mid-Cap Rebound Coming

삼전닉스 전고점 전망에도 코스닥을 봐야 하는 이유…9월 중소형주 반등 온다ㅣ명민준, 박세미, 유창희 [주린이 구조대]
Watch on YouTube ↗  |  August 24, 2026 at 13:00  |  58:03  |  3PRO TV (삼프로TV)
Speakers
Yoo Chang-hee — CEO

Summary

Yoo Chang-hee reviews the sharp Samsung Electronics selloff after its shareholder return announcement, argues the drop is overdone, and sees SK Hynix as having more technical upside. He expects KOSDAQ and small/mid caps to outperform into September, highlights Korean cosmetics and beauty names such as Cosmax, Korea Kolmar, Silicon2, and Dalba, and previews NVIDIA earnings as the week's main semiconductor catalyst.

  • Samsung Electronics' 110 trillion won shareholder return package disappointed on dividend/tax mix, but Yoo views the 9% drop as an overreaction.
  • SK Hynix is seen as offering more upside room than Samsung Electronics after the two stocks became technically leveled.
  • KOSDAQ remained resilient despite Samsung/SK Hynix weakness and may outperform KOSPI into September.
  • Korean cosmetics names such as Cosmax and Korea Kolmar are making new highs, and the sector may extend until mid-September.
  • Silicon2 is recovering as a beauty distribution platform after CVC Capital funding, while Dalba acts as a sector barometer.
  • NVIDIA earnings is the key event to confirm AI semiconductor demand and direction for Samsung/SK Hynix.
  • Nuclear reactor life extension may not meaningfully benefit nuclear construction names like Doosan Enerbility.
Ideas
Yoo Chang-hee CEO 7:26
Samsung drop overreaction; target 330,000 won
Samsung Electronics' 110 trillion won shareholder return package is not small, but the cash-dividend mix, dividend-adjustment risk, and tax impact caused large investors to sell. Yoo argues the 9% drop is an overreaction because the package still represents massive shareholder returns and memory fundamentals remain intact. He expects the stock to recover toward 330,000 won within the year and believes another drop like today is unlikely.
005930.KS HIGH
Yoo Chang-hee CEO 10:22
SK Hynix has more upside room
After Samsung's drop pulled SK Hynix down, the two stocks are technically leveled, but SK Hynix has not yet touched its 60-day moving average and has room toward 195,000-200,000 won, while Samsung is capped near 290,000-300,000 won. If the market stays firm into early September, SK Hynix should offer greater upside.
000660.KS HIGH
Yoo Chang-hee CEO 17:35
KOSDAQ to outperform with September rebound
Despite Samsung and SK Hynix dragging the KOSPI, KOSDAQ held up and showed broad buying interest. Yoo expects if macro overhangs such as rates and oil clear, the early-August pattern returns and KOSDAQ outperforms KOSPI into September; he says to watch the KOSDAQ 20-day moving average around 790 as the risk line.
KOSDAQ Index HIGH
Yoo Chang-hee CEO 18:45
Korean cosmetics rally reaches mid-September
Yoo had been cautious on cosmetics but now says the sector can extend into mid-September: Dalba is trying to bottom, Silicon2 is recovering, and Cosmax and Korea Kolmar are making new highs, showing the sector's characteristic cluster momentum is still alive. He says it is not too late and leaders include Cosmax, Korea Kolmar, Amorepacific, and PharmaResearch for beauty expansion.
Cosmax 214450.KQ 090430.KS 161890.KS HIGH
Yoo Chang-hee CEO 21:56
Dalba barometer attempts to bottom
Dalba is Yoo's barometer for cosmetics: it led the sector's April turn and its post-earnings breakdown threatened the whole group, but recent action suggests it is trying to hold the low. If Dalba stabilizes, it supports continued cosmetics strength into September.
AP MED
Yoo Chang-hee CEO 22:02
Silicon2 platform recovery supports rally
Silicon2 had been out of favor for over a year since peaking near 63,000 won, but its latest earnings showed it strengthening as a beauty distribution platform, and the CVC Capital fund raising gives it momentum; Yoo sees it attempting to regain highs and playing an important role in the cosmetics rally.
Silicon2 MED
Yoo Chang-hee CEO 48:53
NVIDIA earnings decides semiconductor turning point
NVIDIA earnings are this week's key catalyst for Korean semis; Yoo is watching whether NVIDIA shows growth reacceleration, Blackwell supply expansion, and confirms the 15% price increase. Strong Jensen comments would give Samsung and SK Hynix wings, while disappointment would keep them in their box range.
NVDA MED
Yoo Chang-hee CEO 56:14
Reactor extension negative for nuclear construction
Korea's plan to extend the life of existing nuclear reactors is not a major positive for nuclear construction because it creates no new construction sales and may delay new orders; Yoo says construction names like Doosan Enerbility may be relatively disadvantaged, while power-using derivatives benefit.
034020.KS MED
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3PRO TV (삼프로TV) · Aug 24

This 3PRO TV (삼프로TV) video, published August 24, 2026, features Yoo Chang-hee discussing 005930.KS, 000660.KS, KOSDAQ Index, Cosmax, 214450.KQ, 090430.KS, 161890.KS, AP, Silicon2, NVDA, 034020.KS. 8 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Yoo Chang-hee  · Tickers: 005930.KS, 000660.KS, KOSDAQ Index, Cosmax, 214450.KQ, 090430.KS, 161890.KS, AP, Silicon2, NVDA, 034020.KS