Real Market: Stock price fell further after announcement… Will single-stock leverage countermeasures be effective? / Now, surviving is more important than earning (SK Hynix) with Hwang Yuhyun, Team Leader

Summary

Hwang Yuhyun, team leader at Shinhan Investment & Securities, reviews a brutal day in Korean equities with KOSPI down 6% and KOSDAQ down 4%. He interprets the action around SK Hynix (basing near 1.8M won) and Samsung Electronics (basing near 250K won) as bottom-building attempts, recommends staged buying but warns that V-shaped rebounds are unlikely. He highlights front-end semiconductor equipment as a relative bright spot and stresses holding cash while avoiding single-stock leveraged/inverse ETFs. The government's newly announced countermeasures are dismissed as too little and too late to calm the market.

• KOSPI and KOSDAQ suffered another sharp plunge, extending the pattern of extreme daily swings.
• Hwang Yuhyun sees SK Hynix forming a bottom area around 180,000 won and Samsung Electronics around 250,000 won, advising staged accumulation.
• He cautions that the severe volatility driven by leveraged products makes V-shaped recoveries difficult and urges avoiding credit trading.
• Front-end semiconductor equipment makers were the first to turn positive intraday and are cited as the most tradeable segment amid continued capex.
• Single-stock leveraged and inverse ETFs are described as destructive, turning the market into a gambling environment and hurting both sides.
• The government's policy response—raising the minimum deposit to 30 million won and expanding trading units—arrives too late and is seen as cosmetic.
• Investors are advised to prioritize survival by keeping cash reserves and preserving firepower rather than chasing rallies.
• The speaker worries that prolonged volatility is eroding trust in the Korean capital market and could have negative spillover effects on the broader economy.