KOSPI Breaks Above 5,500 for the First Time; High-Dividend Stocks Get More Excited

Summary

In this morning briefing, Park Se-ik reviewed viewer comments and news on Samsung's HBM4 mass-production lead, LG Electronics' robotics push, Doosan's AI power and materials exposure, Lam Research's Korea R&D lab, KOSPI's first move above 5,500, strong high-dividend performance, and KOSDAQ delisting reforms. The main market implications are continued AI semiconductor and AI power momentum, a favorable backdrop for dividend and governance-reform beneficiaries, and potential KOSDAQ re-rating as weak listings are cleaned out. He also discussed trading versus investing, valuation discipline, and bank dividends.

• Samsung Electronics shipped the world's first mass-produced HBM4, intensifying the next-generation HBM race.
• LG Electronics is seeking a robotics and B2B breakthrough as legacy appliance growth stalls.
• Doosan Enerbility is tied to AI power demand through gas turbines and SMR components.
• Lam Research opened its first overseas research base in Korea, supporting Korea's semiconductor supply chain.
• KOSPI broke above 5,500 for the first time, led by semiconductor large caps.
• Korean high-dividend and dividend-growth indices outperformed KOSPI, aided by policy and tax changes.
• KOSDAQ delisting rules are tightening, with up to 220 companies potentially exiting.
• Park Se-ik also discussed valuation, trading versus investing, and bank dividend views.