🍠 [Kiwoom Securities] Examining Solid Fundamentals Amidst the Waves of Black Monday - 2026.06.08

Hello, fans! 🍠 I'm Team Leader Goguma from Bultagi.com.

This Monday, the stock market truly rode a rollercoaster, right? Everyone must have been shocked, but like a friend, I'll calmly summarize the current market situation and news about our Kiwoom Securities! 🤝

📉 Stock Market Hit by Black Monday, What is Kiwoom's Diagnosis?

Analysis of the Crash: On June 8th, the KOSPI plummeted over 8%, triggering a circuit breaker ^[4]. Kiwoom Securities' stock price also closed at 333,500 won, down 8.38% from the previous trading day, failing to escape the market shock. Kiwoom Securities researcher Han Ji-young analyzed that the recent plunge in US semiconductor stocks is not due to a slowdown in AI demand, but a result of accumulated fatigue from supply-demand concentration and rapid stock price increases ^[5].
SpaceX IPO Variable: In particular, it was suggested that SpaceX's IPO, the largest in US history, could act as a 'supply-demand black hole' sucking up global funds in the short term ^[6].
Response Strategy: Although volatility has increased, researcher Han Ji-young advised that since the KOSPI forward PER has lowered to 7.8 times and semiconductor profit momentum remains solid, a strategy of waiting and seeing while maintaining existing positions is more effective than joining the panic selling.

🚀 Main Business is Cruising! Leaping to 7th in Equity Capital and New Businesses

Surpassing 6.3 Trillion Won in Equity Capital: Kiwoom Securities' equity capital in the first quarter of this year reached 6.2994 trillion won, leaping two spots to 7th in the industry ^[1]. This is expected to be a solid stepping stone not only for expanding the promissory note business but also for entering the Comprehensive Investment Account (IMA) business in the future ^[1].
Strongest Mobile Platform: As of June 5th, Kiwoom Securities firmly held the 1st place with a 19.79% user share in Android securities apps ^[2]. This is proof that the power of Youngwoongmoon remains strong!
Global Territory Expansion: Last February, they signed an agreement with US online broker 'Webull' and are preparing an integrated account service for foreigners with the goal of launching it by the end of the 3rd quarter of this year ^[3].

⚖️ Synthesizing 4 Perspectives & Goguma's Conclusion

Yangpa sees "Surpassing 6.2 trillion won in equity capital and ranking 1st in app share proves strong fundamentals. The short-term stock price drop is merely market-wide panic."

Dotori analyzes "Due to global supply-demand black hole issues like the SpaceX IPO and US inflation indicators, a volatile market is inevitable for the time being."

Ddangkong points out "Once the integrated account service for foreigners launches by the end of Q3 in cooperation with Webull, it could become a new revenue source."

Danggeun views "The increase in the promissory note limit and the possibility of entering IMA in the future are the core of mid-to-long-term value-up."

Here, the views of Yangpa and Dotori clash head-on. Yangpa emphasizes fundamental superiority, while Dotori focuses on macroeconomic supply-demand instability. As always, I do not force the 4 opinions into an agreement. Explicitly stating unresolved differences is our style. 🎯

Goguma synthesizes the 4 opinions on the current volatile market and Kiwoom Securities' new business momentum as follows. Even amidst a short-term macroeconomic storm, Kiwoom Securities is sailing with the sturdy sails of capital expansion and the No. 1 platform. Since both bullish and bearish scenarios coexist in the market, Goguma believes it is a time that requires calm observation rather than hasty actions. 🍠

I'll be back next week with more fruitful news!