June 11 Closing Market: Don't Sell Just Because Profits Decreased. Leading Stock Sell Criteria? | Hong Sun-ae, Lee Kwon-hee, Kim Jang-yeol [Closing Bell Live]

Summary

On June 11, Korean markets shook off early geopolitical fears, with KOSPI closing up 0.43% and KOSDAQ surging 4.7%. Kim Jang-yeol highlighted SK hynix's US listing catalyst while Lee Kwon-hee detailed a powerful rally in semiconductor equipment and materials driven by capacity expansion and supplier price hikes. Lee also identified opportunities in PCB substrates, beaten-down entertainment stocks, and tourism-linked department stores, while advising discipline in managing leading stock profits.

• KOSPI closed +0.43%, KOSDAQ +4.7% recovering from early morning drop.
• SK hynix rallied on SEC decision progress for US listing, diverging from Samsung.
• Semiconductor equipment stocks surged after SK hynix announced 3x capacity expansion by 2037 and 3% supplier price hikes.
• PCB substrate lead times jumped from 6 to 24 weeks, signaling a severe shortage that can drive substrate stocks higher.
• Entertainment stocks (SM, HYBE) rebounded on cheap valuations and upcoming BTS comeback driving 2Q earnings.
• Department store stocks (Hyundai Dept. Store, Shinsegae) rose on foreign tourist spending surge and weak won.
• Lee Kwon-hee advised not to sell leading stocks solely on profit pullbacks, stressing clear exit criteria.
• HD Hyundai Electric showed a technical bounce from its 120-day moving average.