Exchange Rate Heading Back to Previous High, Where Will Foreigners' Next Supply-Demand Sector Be? | Jung Hae-min, Vincent, Pyeon Da-song

전고점 향하는 환율, 다음 외국인들의 수급 섹터는 어디가 될까? | 정해민, 빈센트, 편다송 [밥 보다 투자 하나]

Watch on YouTube ↗ | January 13, 2026 at 03:35 | 15:59 | 3PRO TV (삼프로TV)

Speakers

Jeong Hae-min — PB, Hana Securities

Summary

Jung Hae-min, a PB at Hana Securities, reviews a Korean market where KOSPI hit an intraday record but semiconductor leadership is showing fatigue. He favors rotation into Hyundai Motor, defense, shipbuilding, nuclear, secondary batteries, and pharma/biotech while watching a weaker won and strong copper, gold, and silver. The session highlights foreign buying shifting toward earnings-driven large caps and event-driven setups around JPMorgan Healthcare and SK Hynix earnings.

KOSPI reached an intraday record with year-to-date gains led by semiconductors.
Jung Hae-min sees semiconductor fatigue and expects rotation into earnings-capable sectors.
Hyundai Motor was highlighted as the robot leader; LG Electronics was a laggard watch.
Secondary batteries may be bottoming after weak earnings, with LG Energy Solution in focus.
A rising USD/KRW and record copper, gold, and silver are key macro themes.
Pharma/biotech may rally after JPMorgan Healthcare expectations reset.
Foreign flows shifted toward Hanwha Ocean, Hanwha Aerospace, and Doosan Enerbility.
Nuclear exposure via Hyundai E&C and defense/shipbuilding earnings were also favored.

Ideas

Jeong Hae-min PB, Hana Securities 0:30

Semiconductor rally due for a rest.

Semiconductors led the early-year KOSPI rally and may now be fatigued, with Samsung Electronics and SK Hynix likely to rest. A stronger dollar could delay foreign inflows, while SK Hynix's January 21 earnings are the next catalyst; he keeps semiconductors as a base but expects rotation before then.

Jeong Hae-min PB, Hana Securities 0:56

Buy Hyundai as robot leader.

He bought Hyundai Motor the previous day and favors it as the market's robot leader because of its Boston Dynamics stake and robot-advancement push, CES robot attention, and the expected rotation from fatigued semiconductors into large caps with earnings.

Jeong Hae-min PB, Hana Securities 0:56

Watch shipbuilders for earnings rotation.

Shipbuilding is one of the earnings-season sectors he is watching, with foreign investors recently buying Hanwha Ocean as a top Korean net buy.

Jeong Hae-min PB, Hana Securities 1:03

Accumulate secondary battery large caps at bottom.

Secondary battery stocks have largely priced in weak earnings; LG Energy Solution's preliminary operating loss can act as a bottom trigger. He thinks late-January results mark a point to accumulate large caps with momentum, and he believes the bottom is in.

Jeong Hae-min PB, Hana Securities 5:48

LG robot laggard may rebound later.

LG Electronics also has robot technology and CES demonstrations, but its stock has lagged. He sees room for another rise when market interest returns to robot laggards, though he still prefers Hyundai as the leader.

Jeong Hae-min PB, Hana Securities 7:30

Buy pharma biotech after JPM conference.

JP Morgan Healthcare expectations often peak before the event, and pharma/biotech stocks can rise after the conference as suppressed expectations are released. He therefore sees current weakness as an opportunity, focusing on large caps with earnings such as Samsung Biologics, Alteogen, and Celltrion.

Jeong Hae-min PB, Hana Securities 8:09

Won to weaken toward prior high.

The dollar-won rate is likely to rise back toward its prior high because government intervention and pension liquidity have limits, the dollar index is rising again, and markets await US inflation and Trump tariff decisions. A stronger dollar would also constrain foreign inflows into Korea.

Jeong Hae-min PB, Hana Securities 8:59

Metals rally on shortage concerns.

Copper, gold, and silver are all at record highs and supported by Elon Musk's shortage comments, making the metals complex attractive. He points to non-ferrous metal equities as a way to play the move.

Jeong Hae-min PB, Hana Securities 9:49

Buy LS Electric on copper leverage.

LS Electric is directly linked to copper prices and also benefits from AI infrastructure investment and the commercial-law revision; its export data was strong and it absorbed supply. He prefers it over LS Corp despite a pullback.

Jeong Hae-min PB, Hana Securities 10:07

Poongsan benefits from copper and defense.

Poongsan is directly exposed to copper prices and also has defense exposure, so the copper rally and defense momentum can both support it.

Jeong Hae-min PB, Hana Securities 10:20

Defense sector gains on geopolitics.

Defense is seasonally quiet in Q4, but as the new year begins, Trump-related geopolitical issues such as Venezuela are lifting the sector; he views it as an earnings-season sector to watch.

Jeong Hae-min PB, Hana Securities 12:10

Foreigners rotate into earnings large caps.

Foreign investors' top Korean net buys have shifted toward earnings-driven large caps, including Hanwha Ocean, Hanwha Aerospace, and Doosan Enerbility, indicating a supply rotation that he highlights as a positive theme.

Jeong Hae-min PB, Hana Securities 12:22

Hyundai E&C leads US nuclear exposure.

He is watching nuclear power and expects Hyundai Engineering & Construction to be this year's nuclear leader because it was directly mentioned as a nuclear-related company in the US; if US nuclear contracts and projects proceed, it should be the biggest direct beneficiary. Doosan Enerbility's gas-turbine catalyst is already known.

Jeong Hae-min PB, Hana Securities 14:29

Favor robot space leaders with earnings.

For robot and space themes, he advises against holding too long and instead favors leaders with earnings rather than broad theme exposure.

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This 3PRO TV (삼프로TV) video, published January 13, 2026, features Jeong Hae-min discussing Korean semiconductor sector, 005930.KS, 000660.KS, 005380.KS, Korean shipbuilding sector, Korean secondary battery sector, 373220.KS, 066570.KS, XLV, 207940.KS, 196170.KQ, 068270.KS, USD/KRW, COPPER, GLD, SILVER, 010120.KS, 103140.KS, Korean defense sector, 042660.KS, 012450.KS, 034020.KS, Korean nuclear power sector, 000720.KS, Korean robotics sector, Korean space sector. 14 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Jeong Hae-min · Tickers: Korean semiconductor sector, 005930.KS, 000660.KS, 005380.KS, Korean shipbuilding sector, Korean secondary battery sector, 373220.KS, 066570.KS, XLV, 207940.KS, 196170.KQ, 068270.KS, USD/KRW, COPPER, GLD, SILVER, 010120.KS, 103140.KS, Korean defense sector, 042660.KS, 012450.KS, 034020.KS, Korean nuclear power sector, 000720.KS, Korean robotics sector, Korean space sector