Will it go up to 7500 now? Rebound Scenario Summary | Park Byung-chang, MP Partners CEO [Market Inside]

Summary

Park Byung-chang reviews the extreme July volatility in Korean markets, explains his strategy of buying the low and targeting a KOSPI rebound to 7,000–7,500. He highlights deep undervaluation in Samsung Electronics and SK hynix based on AI premiums, discusses sector rotation from semiconductors toward defense and infrastructure, and notes positive catalysts such as rising DRAM prices and Tesla-related camera supply deals for Samsung Electro-Mechanics and LG Innotek.

• KOSPI target set at 7,000–7,500 after a historic selloff and sharp rebound.
• Park purchased aggressively near the 5,400 low and plans to take profits at the 7,000–7,500 zone.
• HSBC calls Samsung Electronics and SK hynix deeply undervalued, with AI premiums disregarded.
• DRAM prices seen rising 10–15% QoQ, supporting memory stocks.
• Signs of sector rotation away from semiconductors into defense, nuclear energy, and infrastructure.
• Samsung Electro-Mechanics and LG Innotek rally on MLCC price hikes and Tesla camera supply rumors.
• Geopolitical relief around Hormuz Strait talks and U.S. oil trade deal progress also aided sentiment.