SK Hynix Treasury Stock Cancellation, Naver's AI Investment Expansion, and Moderna's Phase 3 Cancer Treatment: Impact Analysis

Foreign investors, who recorded sell-offs of over 4 trillion won on the KOSPI market yesterday, made net purchases of 900 billion won today. On the KOSDAQ, however, selling of 10 billion won continues. This shift in foreign supply and demand is helping to ease sector concentration across the market.

Despite profit-taking selling by foreign investors following the announcement, SK Hynix shares surged more than 13%. The company plans to dispose of the treasury shares within three months, which is also expected to contribute to exchange rate stabilization.

Such shareholder return policies can help defend the share price and may also raise expectations for dividends in the second half of the year.

A semiconductor super week is approaching, including Nvidia's earnings announcement and Hyundai Motor's investor day. If Samsung Electronics also announces a shareholder return policy during this period, a positive trend could be expected through the September market. Samsung Electronics has been selected as the top stock for foreign buying.

This is because the company is seeking to expand beyond its existing advertising and platform business into AI data center business. Naver is looking to raise its corporate value through support for big tech and hyperscalers.

Recent policy changes, such as a meeting of virtual asset business CEOs, are also being noticed. Strengthened ties with NHN KCP and Upbit are also expected.

Given these points, Naver is worth watching closely from an investment perspective.

Institutional investors are selling Hynix, Samsung Electro-Mechanics, Hyundai Motor, and Makinarocks, among others. Conversely, they are net buying Alteogen, HPSP, Olix, Isu Petasys, Samsung Life, and others.

The combination of mRNA technology and AI is drawing expectations that it could shorten cancer treatment timelines. This announcement has also affected domestic bio stocks, with supply and demand shifts appearing in names such as Kolon TissueGene and April Bio.

There is also a possibility that Jusung's fuel cells could be used in perovskite solar cell technology. Accordingly, Jusung Engineering's secondary target price is raised to 200,000 won.

Nepes holds the title of first WP and world's first PLP packaging mass production, making it South Korea's leading packaging company. As semiconductors trend toward miniaturization and higher performance, the importance of packaging equipment companies is growing, and Nepes has strong cost-reduction competitiveness, so it is expected to benefit from the AI semiconductor market. The company is now fully pursuing domestic base investments.

The stop-loss price is 14,000 won.