June 29 Closing Bell Live: Samsung and Hynix Fell but Markets Held… The Real Reason for KOSDAQ's 8% Surge | Hong Seon-ae, Lee Kwon-hee, Kim Jang-yeol

Summary

KOSPI closed slightly lower while KOSDAQ surged 8% in a strong rotation session driven by oversold stocks and policy expectations. Lee Kwon-hee highlighted bottoming signals in secondary batteries, solar, and cosmetics, and Alteogen's positive KOSDAQ retention strategy. Kim Jang-yeol analyzed memory chip noise from Apple's CXMT lobbying and OpenAI delays, framing the dip in Samsung Electronics and SK Hynix as a buying opportunity ahead of catalysts like the Hynix ADR listing. Both speakers emphasized that KOSDAQ's sustainability depends on follow-through volume and foreign participation.

• KOSDAQ jumped 8% on broad rotation as KOSPI remained flat; KOSDAQ oversold conditions and policy hopes drove the move
• Government announced 800 trillion-won AI/semiconductor investment plan and KOSDAQ 30th anniversary policy events starting July 1
• Lee Kwon-hee called a bottom in Korean battery stocks (LG Energy Solution, Samsung SDI, EcoPro, POSCO Future M) supported by earnings and US demand
• Lee Kwon-hee sees upside in Alteogen after its decision to stay on KOSDAQ, avoiding KOSPI neglect
• Cosmetics (Amore Pacific) and solar/renewable energy (Hyundai Energy Solution, OCI Holdings, Hanwha Solutions) also flagged as rebound plays
• Kim Jang-yeol views Apple's CXMT memory lobbying noise as temporary and would buy Samsung Electronics and SK Hynix on dips; Hynix ADR listing seen as a positive flow catalyst
• Both caution that KOSDAQ's bounce needs volume expansion or foreign buying to confirm a trend change