Ideas
SK hynix selloff is overdone opportunity.
SK hynix fell over 2-4% on AI speed-control headlines, but Lee views the reaction as excessive and a buying opportunity. He argues hardware demand cannot simply be killed by developers' comments and that the news-driven selloff is short-term, with semiconductor earnings and AI capex still supportive.
AI speed-control fears are temporary noise.
Lee argues the AI investment speed-adjustment debate is mostly short-term noise and cartel-like talk rather than a real end to AI capex. Closed-model developers may slow, but open-source and government-backed players such as Google, plus continued spending by Meta and Amazon, should keep AI hardware demand alive. He cites TSMC revenue above guidance, upcoming Micron and Samsung earnings, and Nvidia's resilience as evidence that Q3 semiconductor results may surprise positively, so weakness should be bought and a rebound could be stronger.
Q3 semiconductor earnings should surprise positively.
Lee expects a positive Q3 earnings surprise across semiconductors. He points to TSMC's revenue already exceeding guidance, Micron's October 1 report, and Samsung Electronics' preliminary results as important catalysts that should validate continued AI chip demand.
Nvidia remains the key AI bellwether.
Lee says the AI cycle would only truly end if Nvidia crashed, but Nvidia barely fell during the AI bubble and speed-control scare. He sees Jensen Huang's confident, heavily funded investment plans as a key signal that AI capex continues, making Nvidia the bellwether for the AI trend.
BH gains from humanoid and foldable demand.
A report highlighted BH as a humanoid and foldable beneficiary. It has secured a new North American humanoid customer, likely Figure AI or Optimus, with revenue expected in 2027, and Samsung may unveil a humanoid at CES 2027 using BH PCBs. Foldable demand from Samsung and Apple also supports growth. The report raised the target to 40,000 won from around 19,000 and issued an overweight rating based on 2027 earnings and a 14.5x PER.
Banks and dividends favored in weakness.
Lee says weak equity markets tend to favor bank stocks and dividend-related names, and their Q3 fundamentals remain solid, making them relatively attractive defensive holdings while the broader market is volatile.
KB Financial offers defensive dividend momentum.
Lee notes banks and dividend names are favored in weak markets, and KB Financial is a leading example. The stock has strong Q3 momentum, with estimated quarterly net profit of 2.06 trillion won and another record, while easing government-bond uncertainty and rate momentum should strengthen its leading-bank premium. A report raised the target to 235,000 won from 170,000.
POSCO International is a resource-security play.
Lee is watching POSCO International as a resource-development and trading-house play. He expects its results to inflect from this year and next, with Q3 operating profit up over 20%, energy materials sold out, Myanmar gas field stage 4 expansion, and potential participation in Alaska LNG. The recent block sale by Posco Holdings cut its stake to around 50%, improving free float without threatening control. Valuation is undemanding at PBR 1.47 and PER 10x, with target 82,000 won versus 57,000 won offering at least 20% upside.
Trading houses gain as resource security matters.
Lee argues the era of free trade is ending, so securing resources will matter more for national competitiveness. Trading houses that source and distribute resources, similar to Japanese sogo shosha, should become more important; POSCO International is the most likely Korean representative.
KOSPI range-bound; watch 6,800 support and FOMC.
Lee sees KOSPI trapped in a 6,400-7,500 box. The 60-day line caps rallies near 7,500, while 6,400 is the bottom. A break below the 20-day line at about 6,819 would be negative, so the market needs a rebound from the 6,800 area. Foreign futures and options positioning between 6,800 and 7,200, and the FOMC outcome, are key to direction.
Cosmetics rebound after won-strength selloff.
Lee says cosmetics is one of the few strong sectors in the weak market. Korean cosmetics names were oversold on won-strength concerns, and relative strength in APR, Amorepacific, Silicon2, and Cosmecca Korea suggests a rebound as that FX-driven selling reverses.
SpaceX-related space stocks are bottoming.
Lee notes SpaceX-related Korean space stocks are strong, with Satrec Initiative rising and SpaceX appearing to have bottomed. He says short-term traders can trade the space and aerospace theme, which is one of the few areas surviving the down market.
Refiners show positive technical momentum.
Lee says refining-related names such as HD Hyundai and S-Oil have positive momentum. HD Hyundai pulled back but Friday's bullish candle kept the uptrend intact, suggesting it may advance again after consolidation.
This 815 Money Talk (815머니톡) video, published September 14, 2026,
features Lee Kwon-hee
discussing 000660.KS, SMH, MU, TSM, 005930.KS, NVDA, 090460.KS, KBE, 105560.KS, 047050.KS, Korean trading houses, ^KS11, KORU, Korean space/aerospace sector, Korean refiners, 267250.KS, 010950.KS.
13 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Lee Kwon-hee
· Tickers:
000660.KS,
SMH,
MU,
TSM,
005930.KS,
NVDA,
090460.KS,
KBE,
105560.KS,
047050.KS,
Korean trading houses,
^KS11,
KORU,
Korean space/aerospace sector,
Korean refiners,
267250.KS,
010950.KS
