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CLSA: Recent 14% Pullback in Kospi Offers Attractive Entry Opportunity
2026-06-30 11:58:24
On June 29, the South Korean government, together with Samsung and SK Group, announced a large-scale AI investment plan with a total amount breaching KRW4,750 trillion, covering semiconductors (KRW3,206 trillion), physical AI (amount undisclosed) and AI data centers (up to KRW1,550 trillion), according to CLSA report.

Although the investment timeline extends to 2035 and beyond, the broker believed the short-term impact is limited, but the move reinforces the long-term AI investment cycle
and industry positioning.

Based on this theme, CLSA's preferred companies include Samsung Electronics, SK Hynix, Samsung C&T, Hyundai Motor, Hyundai Mobis, Samsung E&A and Naver.

Regarding the Kospi, the broker continued to view that a 15-25% correction represents an attractive entry point, while the recent 14% downfall provides a compelling opportunity barring systemic risk.
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AASTOCKS Financial News
Website: www.aastocks.com