Ideas
Big Tech bonds beat government bonds
Global long-term government bond yields are spiking, but bond investors are increasingly buying Big Tech corporate bonds because they offer higher yields and are viewed as safer than sovereign debt. This is an unusual bond market shift and supports Big Tech credit over US, European, and Japanese government bonds.
Big Tech bonds beat government bonds
Global long-term government bond yields are spiking, but bond investors are increasingly buying Big Tech corporate bonds because they offer higher yields and are viewed as safer than sovereign debt. This is an unusual bond market shift and supports Big Tech credit over US, European, and Japanese government bonds.
Memory long/short war raises volatility
The US semiconductor selloff is not cleanly explained by rates; it is a global long-short information war in the AI/memory semiconductor value chain. Hedge funds are fighting over memory longs and shorts, using rate and carry-trade headlines as ammunition, while semiconductor leverage has increased again in the US and Hong Kong, so volatility is likely to stay elevated.
TES correction is buying opportunity
TES has favorable earnings and a strong order backlog, and an analyst raised the target price to KRW 200,000 after reflecting second-quarter costs and slightly raising 2026 estimates. The recent pullback creates an opportunity to add exposure, and today's further decline makes it even more attractive.
Isu Petasys capacity expansion is bullish
Isu Petasys announced a sixth factory expansion and is already reviewing a seventh because demand is overflowing. Operating margin is around 20% and rising faster than revenue as substrate prices increase, supporting the bullish case after the stock broke above the 100,000 won level.
Youngwoo DSP has semiconductor inspection catalyst
Youngwoo DSP has been a Samsung Display inspection equipment supplier with about KRW 700 billion in cumulative orders over ten years, and its display business should improve as a cash cow. It is also developing semiconductor inspection equipment, the Vega S1000, and is in demo testing with a Korean chipmaker, likely Samsung. If a semiconductor order comes next year, the stock could re-rate, but the timing is uncertain, so it is a long-term study and watch target rather than a direct buy call.
Hanwha Aerospace US howitzer win positive
Hanwha Aerospace was selected alone for a US self-propelled howitzer program worth about KRW 30 trillion. It will first supply six prototype units, with additional volume expected during a three-year test period. This is a long-term defense contract, and the stock's strong break above its 120-day moving average adds technical support.
Hanwha win spreads to defense sector
Hanwha Aerospace's US howitzer win is spreading warmth across the Korean defense sector, which is the only strong area in a weak market. LIG Nex1 is up about 4% and Hanwha Systems is up about 2%, and investors are likely to buy defense names on pullbacks as sector rotation intensifies.
Alteogen needs to hold 300,000 won
Alteogen fell sharply yesterday but is trying to rebound today. It has broken above the 300,000 won level, which should now act as support, but it needs to hold that area to confirm stabilization. US biotech is making new highs, but Alteogen's support test needs to be watched closely.
US biotech resilient in weak markets
US biotech and healthcare stocks are making consecutive new highs and tend to perform well when the broad market is weak because profitable healthcare companies serve as defensive holdings. Korean R&D biotech is also at record-high index levels, but domestic stocks are not yet reflecting that strength.
Silicon2 investment news supports stock
Silicon2 received a KRW 300 billion investment, which was positive news yesterday even though the market was weak. Today the market is worse, but the stock should hold up because the news is supportive, the company has limited negative catalysts, and it belongs to a defensive sector.
This 815 Money Talk (815머니톡) video, published August 19, 2026,
features Lee Kwon-hee
discussing US Big Tech corporate bonds, Global government bonds, SMH, 000660.KS, 095610.KQ, 007660.KS, 143540.KQ, 012450.KS, Korean defense sector, 272210.KS, 079550.KS, 196170.KQ, XBI, 257720.KQ.
11 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Lee Kwon-hee
· Tickers:
US Big Tech corporate bonds,
Global government bonds,
SMH,
000660.KS,
095610.KQ,
007660.KS,
143540.KQ,
012450.KS,
Korean defense sector,
272210.KS,
079550.KS,
196170.KQ,
XBI,
257720.KQ
