Ahead of Nvidia's earnings announcement, a rotational market is unfolding. Experts advise seeking new investment opportunities in various sectors including cryptocurrency, nuclear power, biotech, and robotics.
Want the next one from this channel too?
Kim Jun-ho, Manager, emphasized the need to pay attention to cryptocurrency-related stocks until the midterm elections. This is because strong expectations for virtual asset policies can form ahead of the elections. He analyzed that cryptocurrency stocks are likely to emerge as an alternative to market volatility before the elections.
Kim Jun-ho, Manager, explained that because stablecoins are pegged to the value of the dollar, issuers must secure safe assets like cash dollars and U.S. short-term Treasury bonds as reserve assets to back their value. He analyzed that this structure leads to a surge in demand for short-term Treasury bonds as the issuance of stablecoins increases.
Kim Jun-ho, Manager, mentioned that the key agenda of the Jackson Hole meeting this Friday night includes financial innovation, its impact on payments and policy, AI, and changes to digital asset financial markets. He added that this is why more attention should be paid to discussions related to financial innovation, such as reviewing liquidity allocation of digital assets and tokenized assets, rather than the September FOMC interest rate policy.
Kim Jun-ho, Manager, pointed out that Uri Investment's stock has risen 54% from its bottom, which could pose a short-term burden. In contrast, he explained that Hanwha Investment & Securities is emerging as an alternative for cryptocurrency investment as it holds a 9.84% stake in Dunamu, making it the third-largest shareholder. Therefore, considering short-term volatility, Hanwha Investment & Securities could be a better option.
Kim Jun-ho, Manager, stated that the Korean government requested caution regarding reports from the Korea Economic Daily about a proposed acquisition of a stake in Westinghouse, denying the claims as untrue. Despite this, he mentioned that there are growing observations that nuclear power projects through a strategic partnership between Team Korea and the U.S. are highly likely to begin in earnest.
Kim Jun-ho, Manager, analyzed that over 70% of Peter Thiel's recent investment portfolio has been concentrated in AI power and mostly nuclear power. This indicates that unlike before, when all funds were focused on AI chips, now capital is shifting towards AI infrastructure, AI power, and Small Modular Reactors (SMRs). He added that accordingly, attention should be paid to KEPCO E&C and Team Korea construction stocks.
Kim Jun-ho, Manager, warned against chasing the short-term surge in nuclear power-related stocks like KEPCO E&C and Hyundai E&C, stating that their rise today was driven solely by anticipation. He suggested that approaching these stocks with a long-term perspective rather than buying in new is a wiser strategy.
The 9% drop in Samsung Electronics' stock reflected market sentiment on its shareholder return policy, while SK Hynix plans to announce specific shareholder return measures, including treasury stock buybacks and cancellations, during its Q3 earnings release. Kim Jun-ho, Manager, emphasized the need to selectively approach irreplaceable semiconductor materials, parts, and equipment (Soobujang) companies that can benefit from the expanded campus investments by Samsung Electronics and SK Hynix.
These companies are expected to directly benefit from major semiconductor companies' increased investments and are likely to maintain stable growth based on their technological prowess and market dominance. Therefore, he explained that a strategy focusing on a few companies with core technologies is effective, rather than investing across the entire semiconductor sector.
For SK Hynix, in addition to simply reporting earnings figures in its Q3 announcement, it is expected to focus on restoring investor confidence and enhancing long-term investment appeal through shareholder-friendly policies.
In conclusion, while large semiconductor companies' shareholder return policies and increased investments will positively impact the overall semiconductor Soobujang ecosystem, only companies with unique technological capabilities and market positions will truly benefit, according to the analysis.
Kim Jun-ho, Manager, asserted that Hanmi Pharmaceutical is bound to be this year's biotech sector leader, having hit a new high since the beginning of the year with its stock price surge. This is due to increasing expectations for technology export achievements and pipeline value this year.
Kim Jun-ho, Manager, announced that Hanmi Pharmaceutical will co-develop a next-generation obesity treatment based on UCN2 analog with global big pharma Roche. This is the largest next-generation obesity treatment pipeline, expected to further enhance Hanmi Pharmaceutical's technological value.
Kim Jun-ho, Manager, assessed DND Pharmatech as highly likely to be a strong successor to Hanmi Pharmaceutical. DND Pharmatech plans to disclose preclinical results at the world's largest obesity professional conference in November and is also co-developing an oral obesity treatment with Pfizer.
Kim Jun-ho, Manager, explained that DND Pharmatech has secured the final report for its Phase 2 U.S. clinical trial for metabolic disease treatment and received FDA confirmation of data consistency. He projected that this would further increase DND Pharmatech's potential for technology transfer.
Kim Jun-ho, Manager, stated that the government aims to elevate K-Humanoid development to the world's top tier within three years. He also anticipated that Nvidia's earnings announcement might mention Physical AI, increasing market attention on the related sector.
Kim Jun-ho, Manager, analyzed that as labor risks within companies, such as Hyundai Motor's provisional labor agreement, increase, the adoption of humanoid robots for productivity improvement will inevitably accelerate. He explained that this situation is why Hyundai Motor has no choice but to step up production of its Atlas human robot.
As labor-management conflicts increasingly impact corporate operational efficiency, companies are seeking to reduce reliance on human labor and enhance or maintain productivity through automation and robot adoption. This will long-term catalyze the expansion of robot technology application across industrial structures.
Particularly in manufacturing, robots are expected to replace repetitive and dangerous tasks, and collaborative robots will enhance human-robot cooperation. Consequently, the increase in labor risks is paradoxically projected to be a growth engine for the robotics industry.
Answers come from the transcript, with the exact spot cited.
Want the next one from this channel too?
When MBN골드 publishes, we'll write it up like the one you just read and email it to you.
{channel} published 94 in the last 7 days.
We skip Shorts. You can unfollow any time.
