Private Equity Funds Bomb Buy 1.2 Trillion Won.. KOSPI Rebound Signal Appeared. / Semiconductors, the Real Bottom is 'This Time' | CEO Kim Min-soo

Summary

CEO Kim Min-soo argues the market crash was driven by leveraged ETF liquidations, not fundamentals, and recommends buying memory and tech stocks on the dip. He highlights foreign short covering in SK Hynix and heavy private equity buying as bullish signals, while advising to watch for a rapid KOSPI rebound if foreign buying resumes.

• The market crash was triggered by forced liquidation of leveraged ETFs and margin calls, not fundamental deterioration.
• Memory semiconductor prices are not at a structural peak; AI and robotics demand will expand volumes while supply remains constrained.
• Private equity funds bought 1.2 trillion won on the day, interpreted as institutional dip-buying.
• SK Hynix shows signs of foreign short covering with single-stock futures basis turning positive, hinting at a bottom.
• KOSPI could stage a rapid rebound if foreign buying returns, given the 'vacant house' effect after forced retail selling.
• Investors are advised to hold some cash to take advantage of dislocation-driven opportunities.