Name: KOSDAQ Rebound Signal On... Will Pharmaceuticals and Bio Become Leading Stocks Again? | Myeong Min-jun, Kang A-rang, Lee Hwa-jin [Stock Beginner Rescue Team]
Uploaded: 2026-06-02T13:30:35+00:00
Duration: 2609 s

Speakers

Lee Hwa-jin — Deputy Manager, Meritz Securities

Summary

Lee Hwa-jin, a Deputy Manager at Meritz Securities, discusses four KOSDAQ sectors poised for a rebound: semiconductor equipment, secondary batteries, pharmaceuticals/biotech, and robotics. He provides specific stock picks including LNF, Robotis, Korea PM, Samsung Electro-Mechanics, and Samsung Electronics, along with a bullish call on the KOSDAQ index itself. The conversation covers capacity expansion catalysts, policy support, and rotation dynamics.

Lee Hwa-jin predicts a KOSDAQ rebound in July-August 2025 driven by policy and sector rotation.
Semiconductor equipment stocks are expected to benefit from Samsung and SK hynix capacity expansion that accelerates equipment deliveries.
LNF is highlighted as the top pick in secondary batteries due to record volumes and new supply contracts.
The pharmaceutical/biotech sector is seen as a turnaround candidate with multiple tech-transfer deal catalysts.
Robotis and Korea PM are identified as robotics plays with strong demand and upcoming supply agreements.
Samsung Electronics and Samsung Electro-Mechanics are recommended on dips with long-term earnings visibility.
Alteogen's decision to delay its KOSPI move is viewed positively for KOSDAQ biotech liquidity.
The conversation includes a commercial break for Japanese-style cat noodle bowls.

Trade Ideas

Lee Hwa-jin Deputy Manager, Meritz Securities 0:44

Equipment stocks to rise on supply contracts

Semiconductor equipment and materials stocks on KOSDAQ will benefit from major capacity expansion plans by Samsung Electronics (P4/P5) and SK hynix (Yongin cluster), with equipment supply contracts expected to start from Q3 2025. Current price weakness offers a buying opportunity before the next leg of deliveries.

Lee Hwa-jin Deputy Manager, Meritz Securities 6:10

Samsung Electronics buy on dips, long-term supply

Samsung Electronics is a strong buy on dips. Long-term HBM supply contracts with Microsoft (up to $10bn prepayment) and other cloud providers imply sustainable earnings growth. Target prices from sell-side could reach 70-80 million won when applying 2029 valuation.

Lee Hwa-jin Deputy Manager, Meritz Securities 9:13

LNF to lead battery sector rebound

LNF (L&F) is the most stable pick in the secondary battery sector. Its Q1 sales volume hit a record high, the recent price drop was driven by one-time inventory effects, and new supply contracts with Samsung SDI and potential deals with LG Energy Solution create upside. A 220 billion won low-interest loan from the National Growth Fund alleviates expansion financing concerns.

Lee Hwa-jin Deputy Manager, Meritz Securities 12:45

Pharma/biotech sector due July-August rebound

The KOSDAQ pharmaceutical and biotech sector is poised for a rebound in July-August 2025, driven by the KOSDAQ revitalization policy, a series of technology transfer deals (Hanmi, Oscotec, DN Pharmatech), and the decision by Alteogen to delay its move to KOSPI, which will keep passive fund inflows intact.

Lee Hwa-jin Deputy Manager, Meritz Securities 25:21

Korea PM near Boston Dynamics supply deal

Korea PM (Korea Precision Materials) is a small-cap robotics material supplier that is close to finalizing a coltest with Boston Dynamics for titanium metal powder. Its sales could jump from 35bn to 100bn by 2028 and to 500bn by 2029 if the deal is confirmed, offering asymmetric upside.

Lee Hwa-jin Deputy Manager, Meritz Securities 27:24

Robotis demand exceeds production, sales growing

Robotis is a key beneficiary of the robotics boom. Its actuator (DYNAMIXEL) production was 220k units last year but demand was 400k, and 2025 guidance points to 600bn revenue and 1tn next year. It supplies to Optimus, Boston Dynamics, and Unitree, making it the leading domestic robotics pure-play.

Lee Hwa-jin Deputy Manager, Meritz Securities 36:54

KOSDAQ to rebound on policy rotation

The KOSDAQ index is likely to rebound in July-August 2025, supported by the KOSDAQ revitalization policy, National Growth Fund deployment, and rotation of funds away from Samsung Electronics/SK hynix after the earnings season. The current weakness is temporary and offers a buying opportunity.

Lee Hwa-jin Deputy Manager, Meritz Securities 38:44

Samsung Electro-Mechanics undervalued, memory cycle beneficiary

Samsung Electro-Mechanics is undervalued and its recent price weakness is due to ETF rebalancing, not fundamentals. It will benefit from the memory cycle as MLCC demand follows memory expansion, and long-term supply contracts justify a target price above 300,000 won.

KOSDAQ Rebound Signal On... Will Pharmaceuticals and Bio Become Leading Stocks Again? | Myeong Min-jun, Kang A-rang, Lee Hwa-jin [Stock Beginner Rescue Team]

Summary

Trade Ideas

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