Core Stock Report and Analysis Briefing — 2026-09-30

Large-Cap and Core Holdings Reports

Hanon Systems — Started strong early in the session driven by expectations for new business growth. A positive evaluation of its expanding new business portfolio and growth potential supported the share price.

KRAFTON — Amid overall volatility in the gaming industry, KRAFTON recorded a 1.91% decline for the second consecutive trading day. It is failing to rebound following the collapse of the 200,000 won resistance line.

Industry and Energy Sector Strategy

Hanwha Ocean — According to a recent report by Mirae Asset Securities (Analyst Kim Joo-hee), profitability is expected to recover in the third quarter after hitting a bottom in Q2, with an earnings inflection point looking promising for 2027. Additional earnings upward revisions are anticipated if data center orders are secured. Q2 operating profit was tallied at 37.9 billion won.

Comprehensive Investment Direction

The current holding portfolio is showing mixed trends. Auto parts stocks like Hanon Systems are forming positive momentum on expectations of new business growth, while shipbuilding stocks like Hanwha Ocean present a buying opportunity as 30-quarter profitability recovery and mid-to-long-term earnings improvements are expected. On the other hand, the gaming stock KRAFTON warrants a hold judgment as it enters a short-term correction phase.

In the macro environment, as bond yields rise and energy prices remain strong, the shipbuilding and industrial materials sectors are expected to show relative strength. It is recommended to look for buying opportunities in the automotive electronics/parts and shipbuilding/construction sectors, while adopting a wait-and-see approach regarding a short-term trend recovery for the gaming and content sectors.