Ideas
Buy KOSDAQ 150 on extreme weakness.
KOSDAQ 150 has crashed to deeply oversold levels. Historically, KOSDAQ in even-numbered years often makes a bottom around September-October and then rallies into the following May-July. At current prices, even long-term institutional money should be comfortable accumulating. The recent active ETF overhang and sentiment washout have created a 'good, kind price' entry. He explicitly bought 20 billion won of KOSDAQ alongside a much larger KOSPI position and expects it to be substantially higher by mid-2026.
Buy KOSPI 200 ETF after crash.
The KOSPI (via KODEX 200) was purchased heavily during the panic crash at roughly 100 billion won total, with 80 billion in KODEX 200. The crash reflected forced deleveraging and mechanical selling, not a breakdown in fundamentals. JP Morgan notes that leverage ETF unwinding is largely done and foreign selling pressure has eased. Valuation has reset to crisis-level multiples (P/E ~5-6x, free-cash-flow yield multiples at five times), the KOSPI floor at 6000 was confirmed, and earnings remain solid. This is a compelling entry point for a long position.
Watch SK hynix for shareholder return catalyst.
SK hynix is expected to announce a large shareholder return policy soon after the ADR quiet period expires tonight. The previous sell-off was partly due to a disappointing Q2 EPS and AI spending fears, but those concerns are now seen as overblown and the company has signaled intent to boost shareholder value. The catalyst could reverse the recent decline, even if the announcement does not come precisely tonight. The setup is worth monitoring.
Overweight Korean biotech, especially Samsung Biologics.
Biotech/healthcare is the most mentioned sector by strategists for H2. The sector has been sold off excessively, making valuations very attractive. Samsung Biologics is highlighted for its stable CMO revenue and CDMO growth potential. Rate uncertainty, a major headwind, is already priced in, so any easing of rate fears should trigger a valuation recovery. This is a new story beyond the exhausted AI narrative.
Buy Korean shipbuilders on strong orders.
Korean shipbuilding is seeing simultaneous improvements in order backlogs and profitability. The U.S.-Korea shipbuilding cooperation (MARS) and replacement demand for aging vessels are additional catalysts for new orders. Three strategists picked it as their top sector, highlighting a turnaround that has its own differentiated drivers.
Buy Korean financials for value and returns.
Korean financials offer attractive value with an average PBR of only 0.8x for the four major financial holding companies. Earnings power has improved, and additional shareholder return measures are expected in H2. In a volatile market, they also serve as a defensive play. This is a low-valuation, improving-catalyst story.
Use covered call ETFs in range-bound markets.
With the KOSPI likely stuck in a box range (e.g., 7,000–7,500–8,000) and U.S. markets facing a rebound that may be capped by 4.6% rates, covered call ETFs are attractive now. The strategy benefits from elevated option premiums while limiting downside. He specifically says U.S. covered call is effective for the coming months (July–October). Analysts highlight GPIX, GPIQ, and active Korean covered call ETFs like TIGER Dividend Covered Call Active and KODEX 200 Covered Call Active.
Accumulate gold on current pullback.
Gold should be accumulated on a regular basis as a long-term portfolio anchor. It is currently down about 26% from its January 2025 high, which reduces near-term buying pressure. He regrets that the Bank of Korea did not buy gold consistently over the years, and personally wishes it had been bought every year. The scarcity value and portfolio protection against geopolitical risk and currency debasement remain intact.
This Chesley Investment Advisory (체슬리투자자문) video, published August 05, 2026,
features Park Se-ik
discussing KOSDAQ 150 Index, 069500.KS, 000660.KS, 207940.KS, Korean shipbuilding sector, KBE, GPIX, GPIQ, TIGER, ETF.
8 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Park Se-ik
· Tickers:
KOSDAQ 150 Index,
069500.KS,
000660.KS,
207940.KS,
Korean shipbuilding sector,
KBE,
GPIX,
GPIQ,
TIGER,
ETF
