Ideas
Dominant China condiment firm with re-rating potential.
Haitian Flavouring dominates China's soy sauce and condiment market and is expanding overseas toward a 15% revenue target by 2028. Earnings are forecast to grow, margins are high, and an 80% payout plus buybacks implies around 4% shareholder yield. The stock trades at a low-20s PER and could re-rate sharply if a growth engine appears.
Bitcoin holds up as macro leading indicator.
Bitcoin has held around $77k despite macro pressure and is not breaking down. The 50-week and 200-week moving averages are converging without a long-term breakdown, and Bitcoin has historically led macro bottoms and tops. Still, macro headwinds mean this is a setup to monitor rather than chase.
Iran crypto demand boosts privacy coin Zcash.
Iran is reportedly expanding crypto use to evade sanctions and move funds, which has boosted privacy-coin narratives. Zcash's untraceable transactions make it a beneficiary of that theme, and its price has already risen. The effect may be short-lived, but it is worth monitoring as a privacy-coin trade.
Oracle AI cloud backlog supports cheap valuation.
Oracle's latest quarter showed cloud infrastructure revenue up 121% and RPO of $664bn, half of which should convert to revenue within 36 months. The company can fund capex without new capital raises, margin pressure is temporary from data-center ramp-up, and AI cloud demand still exceeds supply. With the stock halved and trading around 17x earnings, risk/reward is attractive unless AI fundamentals break.
Oil and 10Y yields still tilted upward.
The 10-year US Treasury yield chart has not yet shown a peak, and oil also looks positioned for further upside. He argues the chart suggests staying long oil and long 10-year yields until the rate peak becomes clearer, with the peak likely around mid-October.
Jusung Engineering leads on US CVD entry.
Jusung Engineering has surged and trades at a very high multiple, but it remains a leading semiconductor equipment stock. Its CVD equipment may be entering the US semiconductor supply chain, expanding beyond its China exposure, and it appears to be the only supplier for that specific tool. The setup is worth watching even if valuation is hard to justify.
SNS Tech benefits from China capex recovery.
SNS Tech is a high-China-exposure blank-mask maker whose shares have halved despite its EUV blank-mask adoption at Samsung. If China expands semiconductor capex, the company should benefit, but limited analyst coverage makes flows difficult. It is a monitoring candidate, not a fully proven call.
Korean chip equipment with China exposure rerating.
Park argues Korean semiconductor equipment and materials firms with high China exposure, such as Jusung, Nextin and SNS Tech, may be rerated as China's semiconductor build-out continues. They can sell to whoever wins memory leadership, and their China-linked growth is not fully reflected in conventional Korean cycle multiples.
Samsung Securities offers high dividend support.
The report picks Samsung Securities as top pick in the brokerage sector. It expects its earnings to beat consensus, offers about 8% dividend yield, and targets a 50% payout ratio, which should support the share price while the sector bottoms.
Korean securities firms cheap long-term consolidation play.
Park argues Korean securities stocks are a must-own long-term sector because they are consolidating and transforming into IB-style businesses similar to US investment banks. Recent price weakness offers a cheap entry opportunity for patient investors.
Cosmetics correction is October rebound opportunity.
The cosmetics report argues the recent correction is a buy opportunity because it is driven by FX and export-data noise, not broken fundamentals. With year-end shopping events and Amazon/Ulta promotions, the sector could rebound from October. APR and Silicon2 are highlighted as rebound leaders.
APR US expansion supports cosmetics rebound.
APR was hit by Red Sudan concerns and Amazon rank declines, but its own tests found no Red Sudan, suggesting counterfeit products. Its US offline expansion is progressing, Ulta SKU count rose from 30 to 50, and Costco could add two stores in H2. The stock is a leading rebound candidate in cosmetics.
LG H&H, Amorepacific win on strong won.
If the won enters a sustained strengthening trend, LG H&H and Amorepacific should relatively outperform other cosmetics names. They have high domestic revenue exposure and their own production, making them less vulnerable to FX-driven earnings cuts.
Buy Korean equities by mid-October.
Park expects the 10-year yield to peak around mid-October, and September is usually a weak month due to tax and supply. He plans to fill portfolios after the FOMC and by mid-October, expecting a Korean equity rally from mid-October onward. Leading stocks are already turning before the index bottom.
Dow pressured by yields and oil.
Choi expects the Dow to close lower tonight. Even Apple rose 3.5% and energy-linked names were firm, the broad Dow did not gain, showing macro pressure from rising yields and oil is still dominant.
Nasdaq can rebound on Oracle data demand.
Choi expects Nasdaq to rise slightly because the PPI release largely cleared near-term rate concerns and Oracle's results demonstrated strong data-center demand. High rates may cap the upside, but the tone can improve.
S&P 500 resilient despite high yields.
Park expects the S&P 500 to rise slightly. Although the 10-year yield approached 5%, the index's decline was not large, suggesting markets are absorbing the rate move and can bounce.
SOX rebound after overdone rate selloff.
Choi expects the Philadelphia Semiconductor Index to rise today. The recent selloff was overdone by speculative positions reacting to oil and rates, and if CPI is merely in line, semiconductors can see a relief rebound.
This Chesley Investment Advisory (체슬리투자자문) video, published September 11, 2026,
features Wang Jeong, Chun Ju-im, Choi Ho, Park Se-ik
discussing 603288.SS, BTC, ZEC, ORCL, WTI, US10Y, 036930.KQ, SNS Tech, Korean semiconductor equipment/materials, 016360.KS, Korean Securities Sector, KORU, Silicon2, APR, 090430.KS, 051900.KS, EWY, KOSDAQ, DJI, NASDAQ Composite, SPY, SOXX.
18 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Wang Jeong,
Chun Ju-im,
Choi Ho,
Park Se-ik
· Tickers:
603288.SS,
BTC,
ZEC,
ORCL,
WTI,
US10Y,
036930.KQ,
SNS Tech,
Korean semiconductor equipment/materials,
016360.KS,
Korean Securities Sector,
KORU,
Silicon2,
APR,
090430.KS,
051900.KS,
EWY,
KOSDAQ,
DJI,
NASDAQ Composite,
SPY,
SOXX
