KOSDAQ Explosive Rebound…Where is the Market Capital's Next Destination? | Park Byeong-chang, MP Partners CEO [Market Inside]

Park Byeong-chang, CEO of MP Partners, discusses the explosive rebound in KOSDAQ and the massive rotation of funds away from large-cap semiconductors. He identifies the upcoming Samsung Electronics shareholder return announcement as the critical catalyst that could reignite Samsung and SK hynix. He also highlights defensive opportunities in Korean shipbuilding stocks with record order backlogs, and names Korea Kolmar as a preferred cosmetics ODM play amid the rotation. - KOSDAQ has rebounded strongly from lows but remains well below prior highs for many investors, driven by institutional buying. - The market is fixated on Samsung Electronics' shareholder return policy as the key catalyst that could trigger a rally in semiconductors and shift funds back to large caps. - Korean shipbuilding stocks present a defensive opportunity with a 200 trillion won order backlog and double-digit margins. - Cosmetics ODM stocks like Korea Kolmar are benefiting from rotation as hot sectors cool, showing steady uptrends. - US nuclear power is seeing policy acceleration with a large loan program, but no specific Korean plays were named. - The speaker advises diversification and warns against going all-in on one side of the market during this rotational phase.