The Stock Market Is Coming Alive: The One Who Holds On Until the End Will Smile — This Is How the Korean Stock Market Will Flow from Now On (CEO Kim Dong-yeop)

Summary

CEO Kim Dong-yeop analyzes the Korean stock market's sharp rebound after a deep correction, driven by AI semiconductor strength and oversold conditions. He emphasizes holding deeply corrected KOSDAQ stocks and identifies actionable themes including semiconductor equipment, optical communication, AI chip design, nuclear power, mega projects, and tourism. Regulatory changes on leveraged ETFs could shift liquidity to KOSDAQ large caps.

• KOSPI and KOSDAQ rebounded strongly, bouncing from oversold levels following a US AI semiconductor rally.
• SK Hynix ADR listing triggered foreign equity flows and expectations of a premium over local shares.
• Upcoming regulatory changes on single-stock leveraged ETFs may reduce concentration and support KOSDAQ large caps.
• Key recommended themes: semiconductor equipment/materials, optical communication, AI chip design, nuclear power, mega project real estate, and tourism/retail.
• The speaker urges investors to hold deeply corrected KOSDAQ small- and mid-cap stocks rather than panic sell.
• Macro factors include a likely Bank of Korea rate hike, oil geopolitics, and hyperscaler earnings.
• China's potential approval of Nvidia H200 imports could boost HBM demand, benefiting the semiconductor supply chain.
• Tourism and retail stocks are favored on continued inbound visitor growth and stable earnings.