Yesterday's Crash, Today's Surge: Why Samsung Electronics and SK Hynix Led a One-Day Market Reversal and Will It Continue Next Week? | CEO Lee Kwon-hee

Summary

CEO Lee Kwon-hee analyzes the one-day flip from yesterday's crash to today's surge in semiconductor stocks, attributing the whipsaw to forced hedge fund liquidation and short covering rather than fundamentals. He reiterates his long-held Samsung Electronics and SK Hynix positions, advises against chasing the bounce until trend reversal confirms, and highlights several stock-specific bounce and growth stories including Samsung Electro-Mechanics, Samsung SDS, Posco International, Korea Aerospace Industries, and foreign accumulation in semiconductor equipment stocks. The strengthening won is seen as a supportive factor for the KOSPI.

• The US semiconductor rally was a short-covering relief bounce after forced liquidation at a fund called NeoFold, not driven by positive fundamental news.
• Lee still holds core positions in Samsung Electronics and SK Hynix and bought more on the dip, viewing the selloff as irrational.
• Despite the bounce, he advises waiting for moving-average breakouts before aggressive buying, as the downtrend is not yet reversed.
• Samsung Electro-Mechanics crashed 14% despite strong earnings and long-term big-tech deals; a mean-reversion recovery is under way.
• Samsung SDS is highlighted for its AI collaboration with OpenAI, Anthropic, and Gemini, and a report with an 80,000‑won target price.
• Posco International’s palm business is improving, and an analyst sees the overhang as priced in, also with an 80,000‑won target.
• Korea Aerospace Industries has a strong H2 pipeline (KF-21, Surion, FA-50 exports) and Hanwha’s stake‑building adds a catalyst.
• Korean semiconductor equipment stocks are being accumulated by foreign investors on dips, though volumes remain small.
• The strengthening Korean won could attract more foreign buying, giving the KOSPI additional upside room.