급락한 코스피, 진짜 위험은 따로 있다…트럼프 리스크 이후 투자 전략ㅣ박근형 IBK 부장·김정기 알파컨덕터 홀딩스ㅣ 더 워룸

#SamsungElectronics #SKHynix #S-Oil ────────────────────────── ✅ Cast Information Park Geun-hyung | Department Head, IBK Investment & Securities Kim Jeong-gi | CEO of Alpha Conductor Holdings ────────────────────────── 📌 Market Close Highlights ✓ Checking the Direction of Samsung Electronics and SK Hynix → Continued correction for the semiconductor duo amid Morgan Stanley's warning of nearing a peak → Growing concerns about a peak-out amid controversy over semiconductor earnings peaking → Operating profit margins for the three major memory companies projected to reach 75–80% in Q2 → Global memory market size expected to approach 350 trillion won in Q2 → Intense interest in SK Hynix ahead of its US ADR listing on July 10 → Focus on domestic investment inflows and the effects of forward exchange selling → Need to confirm direction: whether this is an earnings-based correction or a further decline ✓ KOSPI Rebound Engine ‘Pauses’ → KOSPI plunges below 60-day moving average → Adjustment pressure intensifies due to semiconductor concentration and supply/demand burdens → Entering technical oversold zone, entering a bottom confirmation phase → KOSPI 12-month forward PER below financial crisis levels → Korean stock market Oversold compared to major global markets → Need to simultaneously verify undervaluation appeal and potential additional negative factors ✓ Reigniting of Middle East risks → Tensions escalate again following Trump’s remark that the "truce with Iran is over" → Iran continues attacks on merchant vessels in the Strait of Hormuz → Possibility of US airstrikes and sanctions highlighted → Concerns over increased volatility in oil prices and global financial markets → Geopolitical risks could act as an additional variable for the domestic stock market 🚨 Aftermarket Signals 1️⃣ S-Oil → Focus on cost-cutting effects and strong performance in base oils → Refining stocks highlighted due to surge in oil prices caused by US-Iran conflict → Aramco’s Official Selling Price (OSP) to turn negative starting in August → Expectations for structural cost-cutting effects in the future → Q2 operating profit expected to exceed market consensus by 13% → High profit generation possible due to favorable spot refining margins → Strong future performance and dividend appeal expected to be highlighted 2️⃣ KC Tech → Benefiting from increased investment in semiconductor production facilities Expectations → Simultaneous localization of chemical mechanical polishing equipment and slurry materials → Benefiting from the expansion of advanced micro-processes and DRAM investment capacity expansion → Earnings linked to increased capital investment by Samsung Electronics and SK Hynix → Successful entry as an exclusive supplier to Japan's Tokyo Electron → Expectations for semiconductor market recovery and trickle-down effects from mega-projects 3️⃣ LS ELECTRIC → Earnings expectations driven by increased orders in the first half → Possesses momentum for additional orders and exchange rate effects → Continued growth through customer and product diversification → Expectations for Q2 earnings growth and adjustment of order guidance → Exports of transformers over 10 MVA grow by over 33% year-on-year → Exports to the US increase by approximately 55% → Possibility of achieving targets early due to increased orders related to big tech 4️⃣ Orion → Continued sales growth in overseas markets such as China and Vietnam → Decision on the company's first interim dividend based on strong earnings growth → Food and beverage stocks expect a recovery in K-Food momentum in the second half → Maintaining the highest operating profit margin in the industry despite raw material price burdens → Overseas production capacity Investing 830 billion won for expansion → Expanding distribution channels in the US, Europe, and China → Resolution for an interim dividend of 102.3 billion won #KOSPI #KOSDAQ #InvestmentPoints #MarketAnalysis #SupplyAndDemandAnalysis #AfterHoursRise #AfterHoursTrading #DisclosureAnalysis #TheWarRoom #AfterHoursTrading #AfterSignal #TheWarRoom #KoreaEconomicTV ────────────────────────── 🎯 Investment decisions are all about information. Check out fast and accurate key information now on the official Korea Economic TV Telegram. 🎁 Free Subscription 👉 https://t.me/wowtv_official ────────────────────────── △ Watch the Korean economy! △ We deliver fast and accurate economic and securities news 24 hours a day. △ Subscribe + Like! ────────────────────────── ◇ Korea Economic TV Official Channels & Business YouTube Subscribe: https://bit.ly/45pz6GK YouTube LIVE:    • Video   Collaboration & Business Inquiries: [email protected] ────────────────────────── ◇ Korea Economic TV Website: http://www.wowtv.co.kr Kakao Plus Friend: https://pf.kakao.com/_xbcxlxgd Twitter:   / hkwowtv   Facebook:   / hkw.  .