KOSPI 5,000!! 'Still Cheap' Despite World's Top Return; Hyundai Motor Union Opposes Atlas Deployment, Saying 'No One Unit Without Agreement' | Kwon Soon-woo, 3ProTV Coverage Team Lead

오천피!! 수익률 세계 1위에도 ‘아직 싸다’, 아틀라스 입사에 반대하는 현대차 노조 “합의 없이 1대도 안돼” | 권순우 삼프로TV 취재팀장 [뉴스3]
Watch on YouTube ↗  |  January 23, 2026 at 00:00  |  31:23  |  3PRO TV (삼프로TV)
Speakers
Kwon Soon-woo — Reporting Team Lead, 3PRO TV

Summary

Kwon Soon-woo of 3ProTV discusses the KOSPI's first intraday move above 5,000, arguing the Korean market is not overvalued because fundamentals, industrial leadership, and governance reforms have improved. He also covers Hyundai Motor union opposition to Atlas robot deployment, saying the robot's labor economics remain compelling for Hyundai Motor. The segment closes with energy-policy polling on nuclear versus renewables and a cautious view that SMR tech is promising but not yet design-ready.

  • KOSPI crossed 5,000 intraday for the first time, with Kwon Soon-woo calling the move structurally supported rather than excessive.
  • He says Korean equities remain cheap versus the US and cites Samsung Electronics' 1,000 trillion won market-cap milestone.
  • Governance reforms, including the Commercial Act amendment and anti-price-suppression law, are framed as market catalysts.
  • KOSDAQ is described as more expensive than KOSPI with weak earnings and structural problems.
  • Hyundai Motor union opposition to Atlas is discussed, but Kwon Soon-woo sees compelling robot labor economics and eventual adoption.
  • Nuclear necessity polls high while safety concerns remain; SMR is viewed positively long-term but premature without a selected standard design.
  • US GDP strength and moderate core PCE leave central banks on hold and may keep macro tensions alive.
Ideas
Kwon Soon-woo Reporting Team Lead, 3PRO TV 4:24
KOSPI is still cheap, structurally stronger.
KOSPI crossed 5,000 intraday for the first time, but the move is not excessive: the long box-range trend has changed, Korean business conditions and industrial leadership have improved, and valuation remains cheap versus the US. Samsung Electronics' market cap surpassed 1,000 trillion won including preferred shares, and governance reforms such as the Commercial Act amendment and the anti-price-suppression law are additional catalysts. He argues the index is supported by structural change rather than bubble-like speculation.
EWY HIGH
Kwon Soon-woo Reporting Team Lead, 3PRO TV 12:20
KOSDAQ is expensive versus weak earnings.
KOSDAQ is less attractive than KOSPI: it would be nice if it reached 1,000, but KOSDAQ trades at a higher valuation than KOSPI while earnings are weak. He says the problem is structural in Korean industry rather than something that can be solved by index-level moves.
KOSDAQ MED
Kwon Soon-woo Reporting Team Lead, 3PRO TV 13:26
Atlas robot economics support Hyundai Motor.
Hyundai Motor union opposition to Atlas does not remove the positive robot story; Atlas is described as the most important reason Hyundai Motor has been doing well. The union's own cost math shows a robot at about 200 million won can pay back in under two years, and Atlas can lift 50 kg and operate from -20C to 40C. Delicate assembly still needs people, but heavy chassis and door work can benefit from robots, so adoption is likely to support productivity and competitiveness despite labor conflict.
005380.KS MED
Kwon Soon-woo Reporting Team Lead, 3PRO TV 20:58
Nuclear and SMR need safe design.
On energy, he favors a mix and notes public support for nuclear necessity is very high, while safety concerns remain. He is positive on SMR technology long-term, but says no standard design has been selected, new nuclear builds take about 15 years, and rushing site selection or budgets before a safe design is premature. This makes nuclear/SMR a monitoring theme rather than an immediate clean trade.
URA SMR MED
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This 3PRO TV (삼프로TV) video, published January 23, 2026, features Kwon Soon-woo discussing EWY, KOSDAQ, 005380.KS, URA, SMR. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Kwon Soon-woo  · Tickers: EWY, KOSDAQ, 005380.KS, URA, SMR