Uncertainty Is Over?!" KOSPI Rising After Stepping on Interest Rates | Ha Chang-wan, CEO of Ha Bo-no's Stock Story [Double Check]

Watch on YouTube ↗  |  September 17, 2026 at 00:57  |  35:04  |  3PRO TV (삼프로TV)
Speakers
Ha Chang-wan — CEO

Summary

Ha Chang-wan, CEO of Ha Bo-no's Stock Story, reviews the September FOMC outcome and its impact on the Korean market. He argues that rate uncertainty is largely resolved and remains long KOSPI and semiconductors, while highlighting short-term momentum in AI infrastructure, energy, optical communication, satellite, defense, and reconstruction themes. He also discusses ramen exporters and the won-yen exchange rate.

  • September FOMC uncertainty seen as largely resolved; KOSPI viewed with upward bias.
  • Semiconductors and Korean equipment/materials favored on AI demand and strong export data.
  • AI infrastructure themes include data-center power, ship engines, optical communication, and glass substrates.
  • SpaceX-related satellite and defense stocks are highlighted as momentum trades.
  • Reconstruction names are noted as WTI falls and war-related themes weaken.
  • Ramen exporters, especially Samyang Foods, are discussed for overseas pricing power.
  • USD/KRW is watched with a potential won-strengthening view if the yen strengthens.
Ideas
Ha Chang-wan CEO 4:55
Uncertainty resolved; KOSPI upward bias.
The September FOMC uncertainty is largely resolved; the Fed's hawkish-dovish outcome was already expected, WTI has fallen, and the market is trying to break out of its box. He sees upward bias, with 7,500 as a first step and 8,000 possible for more aggressive investors, while data-center financing and rates may cap the upper end. He remains long the Korean market.
EWY HIGH
Ha Chang-wan CEO 9:46
Fab expansion lifts equipment/materials.
A new US semiconductor fab and continued demand growth are positive for Korean front-end and back-end semiconductor equipment and materials suppliers. The fact that equipment/materials stocks are moving suggests the expansion cycle is intact and demand growth should continue.
Korean semiconductor equipment/materials MED
Ha Chang-wan CEO 9:57
AI demand keeps semiconductors attractive.
He remains long semiconductors. AI speed-control concerns are overblown and Altman's comments look self-serving; demand and the expansion cycle remain intact. High rates favor industries with clear earnings, and Korean semiconductor export data continue to print strong numbers. Samsung Electronics and SK hynix are the large-cap leaders.
005930.KS SMH 000660.KS HIGH
Ha Chang-wan CEO 13:11
AI data-center power theme moving.
Bloom Energy's rise is lifting energy-related names, with GNC Energy and fuel-cell/hydrogen names such as Doosan Fuel Cell and Bumhan Fuel Cell moving. The theme is AI data-center power demand, but it is an early momentum rotation to watch.
BE 119850.KQ 336260.KS 382900.KQ MED
Ha Chang-wan CEO 13:33
Engines gain data-center demand angle.
Reports suggest HD Hyundai Heavy Industries and Hanwha Engine can apply engines to data centers, giving engine makers an AI infrastructure angle. Hanwha Engine is already moving sharply, and the theme is part of the broader AI infrastructure trade.
329180.KS 082740.KS MED
Ha Chang-wan CEO 13:58
Optical/telecom equipment follows US.
US optical communication stocks Lumentum and Coherent surged, and Korean optical communication names tend to follow. When optical communication moves, quantum and telecom equipment names such as KMW, RFHIC, and RF Materials also move.
Optical communication/telecom equipment 032500.KQ 218410.KQ 327260.KQ MED
Ha Chang-wan CEO 14:13
Efficiency demand lifts glass substrates.
As AI and data-center demand continues, efficiency gains are needed, benefiting glass substrate and CCL-related names. He names Philoptics, JNTC, SKC, and HB Technology as glass substrate plays.
Glass substrate/CCL 161580.KQ 204270.KQ 011790.KS 078150.KQ MED
Ha Chang-wan CEO 14:43
SpaceX momentum lifts satellite names.
SpaceX strength is driving satellite-related stocks, with US-listed moves being mirrored in Korea. He names Nara Space & Technology, Kencoa Aerospace, Aju IB Investment, Intellian Technologies, HVM, AP Satellite, and SPEAR as related movers. Hanwha Aerospace is also mentioned in the satellite/space context.
478340.KQ 274090.KQ 027360.KQ 189300.KQ SPEAR HVM 211270.KQ 012450.KS MED
Ha Chang-wan CEO 16:02
Won may strengthen with yen.
The won is currently weak alongside the yen. If the Bank of Japan hikes and the yen turns stronger, the won may strengthen in sympathy. He sees early 1,300 won per dollar as an attractive level, though views are split.
USD/KRW MED
Ha Chang-wan CEO 16:24
Overseas ramen pricing power compelling.
Korean ramen exports are improving, especially in the US where market share is approaching Japanese ramen. Overseas prices are much higher than domestic and can be raised further, giving export-oriented ramen makers pricing power. He mentions Samyang Foods as a name to watch on weakness.
Korean ramen exporters 003230.KS MED
Ha Chang-wan CEO 21:06
Lower oil shifts play to reconstruction.
As WTI falls, war-related stocks weaken and reconstruction themes rotate in. He points to construction equipment and reconstruction names such as Haein, HD Hyundai Construction Equipment, Daesko, and Jinjin Construction Robot.
058730.KQ Reconstruction stocks 003380.KQ 267270.KS 079900.KQ MED
Ha Chang-wan CEO 25:54
Defense names strong; pick sub-sectors.
Defense stocks are strong, especially LIG Defense & Aerospace. SpaceX strength can lift both satellite and defense simultaneously. He warns that missile, radar, and tank-focused defense names move at different times, so sub-sector selection matters.
Korean defense stocks 079550.KS MED
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3PRO TV (삼프로TV) · Sep 17

This 3PRO TV (삼프로TV) video, published September 17, 2026, features Ha Chang-wan discussing EWY, Korean semiconductor equipment/materials, 005930.KS, SMH, 000660.KS, BE, 119850.KQ, 336260.KS, 382900.KQ, 329180.KS, 082740.KS, Optical communication/telecom equipment, 032500.KQ, 218410.KQ, 327260.KQ, Glass substrate/CCL, 161580.KQ, 204270.KQ, 011790.KS, 078150.KQ, 478340.KQ, 274090.KQ, 027360.KQ, 189300.KQ, SPEAR, HVM, 211270.KQ, 012450.KS, USD/KRW, Korean ramen exporters, 003230.KS, 058730.KQ, Reconstruction stocks, 003380.KQ, 267270.KS, 079900.KQ, Korean defense stocks, 079550.KS. 12 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Ha Chang-wan  · Tickers: EWY, Korean semiconductor equipment/materials, 005930.KS, SMH, 000660.KS, BE, 119850.KQ, 336260.KS, 382900.KQ, 329180.KS, 082740.KS, Optical communication/telecom equipment, 032500.KQ, 218410.KQ, 327260.KQ, Glass substrate/CCL, 161580.KQ, 204270.KQ, 011790.KS, 078150.KQ, 478340.KQ, 274090.KQ, 027360.KQ, 189300.KQ, SPEAR, HVM, 211270.KQ, 012450.KS, USD/KRW, Korean ramen exporters, 003230.KS, 058730.KQ, Reconstruction stocks, 003380.KQ, 267270.KS, 079900.KQ, Korean defense stocks, 079550.KS