SK Hynix Option Trading Surges… Semiconductor Plunge, Has the Bottom Already Been Reached? / It Falls, So They Sell Again… The Vicious Cycle of Semiconductor Stocks Has Begun | CEO Lee Gwon-hui

Summary

CEO Lee Kwon-hee discusses the sharp correction in Korean semiconductor stocks and the broader market, noting heavy selling, surging SK Hynix options, and a feedback loop between Korean and US markets. He argues that KOSPI's PER near 5x and 40-50% drawdowns across many stocks signal an oversold market likely near a bottom. He highlights GNC Energy and Hyosung TNC as stocks with improving fundamentals and institutional accumulation that are now attractively priced.

• Global AI capex may continue to expand despite Chinese competition, as US firms cannot easily stop investments.
• SK Hynix option trading volume spiked with extreme intraday volatility; LTA strategies are in focus.
• Major semiconductor names (Samsung, SK Hynix, Micron) have fallen 30-40% from highs, in line with broad market correction.
• KOSPI PER dropped to around 5x, historically low, suggesting limited further downside and a potential bottom.
• Institutional buying detected in GNC Energy and Hyosung TNC; both show earnings recovery and attractive valuations.
• Lee believes selling pressure is largely exhausted and a turn in the market is logical unless a major crisis materializes.