Why Foreigners Are Leaving the Korean Stock Market… The Signal Announcing an AI-Driven Financial Crisis Is 'This' / Where Should I Invest the Cash I Have Now? | Oh Giseok, REX Financial Asia Representative

Summary

Oh Giseok, REX Financial Asia Representative, discusses Korean market structural discount, foreign selling dynamics, the AI semiconductor cycle, private credit risks, and ETF portfolio strategy. He is bullish on Korean semiconductor stocks near-term and recommends a core index portfolio with thematic overlays.

• Oh Giseok believes the AI supercycle is structurally reducing cyclicality in Korean semiconductors.
• He suggests monitoring NVIDIA and hyperscaler earnings as key catalysts for Korean semiconductor stocks.
• Foreign selling is partly explained by rebalancing and the massive SpaceX IPO absorbing liquidity.
• Private credit issues are seen as isolated rather than systemic threats.
• Short-term yield spikes and DXY surges are identified as potential crisis warning signals.
• He recommends 70-80% of a portfolio in broad indices like S&P 500, NASDAQ, or KOSPI.
• The remaining 20-30% can be allocated to themes such as power semiconductors or global/Korean semiconductors.
• Leveraged ETFs are only suitable for active, short-term traders, not long-term holders.