Morning Brief: New York Stock Market Mixed Amid Renewed US-Iran Tensions... Dow Down 1.09%

[Morning Brief] New York Stock Market Mixed Amid Renewed US-Iran Tensions...Dow 1.09%↓ [26/07/09]

Watch on YouTube ↗ | July 08, 2026 at 21:57 | 1:52:13 | Chesley Investment Advisory (체슬리투자자문)

Speakers

Wang Bujang — China Market Analyst

Park Se-ik — CEO, ex-Chief Strategist

Choi Ho — Vice President

Jun-hyuk — Crypto Analyst

Chang-min — US Market Analyst

Summary

The episode covers investment ideas across Chinese, US, and Korean markets. Chinese server maker Inspur is highlighted for explosive earnings growth. A pair trade of long Hong Kong tech vs short China A-shares is discussed. Meta's data center expansion reinforces AI infrastructure investment, benefiting semiconductor supply chains. Korean stock picks include Samsung Electro-Mechanics (foreign buying), APR (beauty, wait for pullback), Kiwoom Securities (cheap valuation), and SK hynix (ADR listing catalyst). Bitcoin is viewed positively, holding key support. Geopolitical tensions are seen as transitory.

Chinese server firm Inspur sees 500%+ net profit growth, driven by AI demand and localization, with 44% upside potential.
Pair trade of Hang Seng Tech (long) vs China A-shares (short) remains valid amid tech platform outperformance.
Meta's Canada data center dispels AI capex peak fears; cloud market grows 36% YoY, supporting semiconductor demand.
Samsung Electro-Mechanics attracts $1.6T won foreign buying, valuation drops to 50x PE from 80x, presenting a potential entry.
APR beauty/device stock shows strong US/Japan sales, trading at 23x PE; buy on further pullback.
Kiwoom Securities trades at 5.6x PE, attractive for a September-October seasonal rebound.
SK hynix ADR listing expected to fuel a near-term rally by enabling foreign investor access.
Bitcoin holds 200-week MA, ETF inflows resume, and extreme fear signals a contrarian long opportunity.

Ideas

Park Se-ik CEO, ex-Chief Strategist 3:16

Long HK tech, short China A-shares.

A pair trade of long Hang Seng Tech index and short China A-shares (CSI 300) has been in place since last year, driven by divergence in Hong Kong-listed platform stocks vs mainland. Despite recent mainland adjustment, the pair trade remains valid due to supply-demand factors favoring Hong Kong tech.

Park Se-ik CEO, ex-Chief Strategist 3:16

Long HK tech, short China A-shares.

A pair trade of long Hang Seng Tech index and short China A-shares (CSI 300) has been in place since last year, driven by divergence in Hong Kong-listed platform stocks vs mainland. Despite recent mainland adjustment, the pair trade remains valid due to supply-demand factors favoring Hong Kong tech.

Wang Bujang China Market Analyst 5:25

Chinese server leader with explosive earnings growth.

Inspur is China's top server maker with 55% share in AI servers. Q2 net profit surged 494-643% YoY, and full-year net profit is expected to rise over 100%. The rapid earnings growth and low forward P/E of 20x support a target price of 113 yuan, implying 44% upside. Chinese big tech firms are increasing server orders for AI, and localization trends (inability to source foreign chips) force usage of domestic suppliers like Inspur, driving margin expansion.

Jun-hyuk Crypto Analyst 19:47

Bitcoin resilient above 200-wma, bullish setup.

Bitcoin has held the 200-week moving average around 62,000 despite geopolitical tensions, showing resilience. ETF inflows have resumed, and the Fear & Greed Index at extreme fear provides a contrarian bullish signal. The market appears to discount full-scale war risk, and the technical support suggests further upside.

Choi Ho Vice President 41:48

AI infrastructure investment remains strong, buy semis.

Meta's new data center investment in Canada dispels concerns about AI capex slowdown. The cloud services market is growing at 36% YoY, and hyperscaler competition intensifies, ensuring sustained AI infrastructure investment. This benefits semiconductor equipment, memory, and related AI hardware supply chains. AI infrastructure investment momentum will continue.

Park Se-ik CEO, ex-Chief Strategist 56:53

Foreign buying, attractive valuation after correction.

Samsung Electro-Mechanics has experienced heavy foreign net buying of 1.6 trillion won over 60 days, and the stock has corrected 10% to a PE of 50x from 80x, making the valuation more attractive. Persistent foreign accumulation despite market sell-off indicates institutional confidence, presenting a potential buying opportunity.

Park Se-ik CEO, ex-Chief Strategist 71:33

Kiwoom Securities cheap at 5.6x PE.

Securities stocks have declined significantly, and Kiwoom Securities now trades at 5.6x PE, an attractively cheap level. The speaker suggests that when market conditions improve towards September-October, these stocks could become good buys, providing a margin of safety.

Park Se-ik CEO, ex-Chief Strategist 78:46

Strong growth, buy on pullback.

APR shows strong cosmetics revenue growth in the US, Japan, and emerging markets, with sales exceeding 3 trillion won. The stock trades at 23x forward PE, not expensive given robust earnings growth and margin improvement. The share price has been resilient, and the speaker would add on pullbacks. Target price 500,000 won suggests upside from current 380,000.

Park Se-ik CEO, ex-Chief Strategist 100:28

ADR listing to boost SK hynix short-term.

SK hynix's ADR listing on NYSE will attract global funds that cannot invest directly in Korean stocks, creating strong demand. The stock price has corrected to attractive levels, and the ADR listing event will likely support a short-term rally through the listing date and beyond.

Up Next

Aula Magna de Claude para Investidores, com Leonardo Dawadji

Market Makers · Jul 08

DERRITE DETALHA O PLANO PARA ACABAR COM A CRACOLÂNDIA DE VEZ

Market Makers · Jul 08

Alex Schultz on Meta’s Future: “It Might Be The Next Tier of Business For Our Entire Company”

CoinDesk · Jul 08

Oil Climbs as Trump Threatens Iran Strikes, Blockade | Bloomberg Businessweek Daily 7/8/2026

Bloomberg Markets · Jul 08

Market Close: Stocks Mixed, Dow Down 500; Oil Jumps After Ceasefire Ends • 7/8/26

This Chesley Investment Advisory (체슬리투자자문) video, published July 08, 2026, features Park Se-ik, Wang Bujang, Jun-hyuk, Choi Ho discussing KWEB, CSI 300 Index, Inspur, BTC, SMH, 009150.KS, 039490.KS, 103590.KQ, 000660.KS. 9 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Park Se-ik, Wang Bujang, Jun-hyuk, Choi Ho · Tickers: KWEB, CSI 300 Index, Inspur, BTC, SMH, 009150.KS, 039490.KS, 103590.KQ, 000660.KS