Daily brief
Morning report — Mon 2 Nov 2026 ~07:50 HKT / 08:50 KST (research/paper)
Research/paper only. No live orders or recommendations. Age cut: news Fri 30 after-close → Mon pre-open (Fri + Sat/Sun + Mon morning colour); DART ≥ Fri 30 Oct 15:40 KST. KRX Mon PREOPEN at pack snapshot (cash open 09:00 KST / 08:00 HKT). Weekend closed Fri→Mon.
today SK hynix Fri official close ₩1,418,000 (−7.08% / −₩108,000) vs Thu ₩1,526,000. SKHY Fri RTH $149.21 (−7.95%); AH ~$149.79 (+0.39%). Yonhap FX 15:30 1,334.3; same-session prem +40.40%. Paper Seoul rule NO (−7.08 fails ≤−8 by 0.92pp; prem passes ≥+40). Flows Fri: for −300,349 / inst −131,567 / indiv +191,452; FO ~48.7%. KIND NEW Fri–Sun: none. Standing Wed Q3 20261028800036 Rev ₩104.62T / OP ₩83.33T. Mon PREOPEN carry ₩1,418,000.
watchlists US AJ: NEW rows 0. Standing Y: AVGO, MU, MRVL, NVDA (HC), XPEV, META, AMD. Wait ORCL; Caution TSLA, NIO; Watch SPCX; Avoid EOSE, EOS; N PLTR, AAPL, RIVN, SNDK. Outlook connected; Sandisk/MSFT/AMZN/Intel/Rivian Post Q3 memos = no NEW (Rivian members-locked). Nine Fri Trade alerts app-teaser only. HC Fri colour: SNDK adds @$1,288/@$1,206 KEEP N; RIVN exit @$12.54 KEEP N; NVDA/MU/MRVL already Y; LITE/AMZN off-board. Korea attractive: EMPTY.
asia news Weekend window: Korea JoongAng Fri Samsung/SK hynix dump despite record profits (KOSPI −3.48%; HBM sold-out through 2029 colour); Hynix Fri −7.08% / ADR soft; DeepSeek super-agent design (China AI); CXMT G6 ES validated Q3; Altman SK visit Samsung/Hynix colour.
X Home unavailable this morning — infer from priority. Sentiment mixed / medium (Fri US risk-off + AI-capex fear; memory sold-out structural; DeepSeek/CXMT/Altman SK visit constructive pockets). Priority: @alojoh XPeng ATH / NIO −15%; @jukan05 Intel EMIB vs CoWoS + Altman SK; @zephyr_z9 DeepSeek RT + CXMT G6; @citrini Fri rotation humour; @BowTiedBull screen tip.
DART KEEP×5 live (plus Fri residual; age cut ≥ Fri 15:40 KST): POSCO International 047050 UP 1-3% don't-chase · SNT Holdings 036530 DOWN 3-8% · SNT Motive 064960 DOWN 3-8% · SNT Dynamics 003570 DOWN 3-8% don't-chase · GC Corp 006280 MIXED 1-3% don't-chase. No new 000660 DART gap.
funding BN vs HL (~07:38 HKT; next BN 08:00 HKT): BTC −2.01 / ETH −2.07 / SOL +1.59; SKHY +30.22 bp, SKHYNIX/SKHX +37.38 bp (SKHY wider BN-rich vs Fri AM +17.1). Paper only. BN+HL direct API OK this run.
HYROX Warsaw HYROX: OPEN since Wed 14 Oct (PL saleStatus=onSale; last_pinged_id pl-page-onsale-2026-10-14). Morning check ~07:50 HKT: no new OPEN/sold-out wave. ping_needed=false — no re-ping.
Asia news tape
Monday age cut: Fri 30 after-close → Mon pre-open · n=6 (a 2 / b 4 / c 0) · refreshed 2026-11-02 07:52 HKT / 2026-11-02 08:52 KST. Rank a = China AI / HK; b = SK hynix/Samsung/KOSPI/HSI/NVDA; c = other macro. Confirmed sources only — no invented Yonhap/KED/SCMP/HKET.
Session context: Mon 2 Nov morning pack (~07:50 HKT). Last KRX cash Fri 30: 000660 ₩1,418,000 (−7.08%); SKHY $149.21 RTH / AH $149.79; FX 1,334.3; prem +40.40%. KRX Mon PREOPEN at snapshot. Weekend AI-capex fear + memory sold-out structural overlap.
rank aX @zephyr_z9 RT · DeepSeek · 2026-11-01
DeepSeek super-agent design colour — China AI rank-a weekend tape
@zephyr_z9 RT DeepSeekHarness: Exploring Super-agent Design (DeepSeek WeChat/agent piece). Weekend China AI design colour into Mon Asia open — not a Seoul cash print.
Implication: a-rank China AI: constructive pocket inside Fri US risk-off / AI-capex fear tape; adjacency for HK/China AI names, not a Hynix gap.
x.com/zephyr_z9/status/2116860015495819362
rank aX @zephyr_z9 · CXMT · 2026-10-31
CXMT G6 engineering samples validated Q3 — China memory gap closing
@zephyr_z9: CXMT G6 ES validated in Q3 → MP within a year; G5 MP since Sep; tech gap vs KR memory closing faster. Competitive China DRAM colour into Mon.
Implication: a-rank China memory: medium-term competitive pressure narrative vs Samsung/Hynix ASP/share — not a same-open Seoul gap.
x.com/zephyr_z9/status/2116398506340659698
rank bKorea JoongAng Daily · 2026-11-01
Samsung / SK hynix fell Fri despite record profits — AI-spend fears rattle KOSPI
Korea JoongAng Daily 1 Nov: Samsung closed ₩225,000 (−3.02%); SK hynix ₩1,418,000 (−7.08%); KOSPI −3.48% to 5,730.74. Record-profit prints failed to shield names as Big Tech AI-spend fears hit; HBM sold-out colour through 2029 noted alongside Alphabet −12.6% Thu / Intel −28.6% US colour.
Implication: b-rank: Fri Seoul memory dump + AI-capex fear is the weekend headline into Mon PREOPEN — structural HBM sold-out still constructive underneath the session print.
koreajoongangdaily.com … /12948729
rank bYahoo / KSF / Naver · 000660 · 2026-10-30 close
SK hynix Fri close ₩1,418,000 (−7.08%) — foreign −300k sh / ₩−480bn
Official Fri O/H/L/C ₩1,444,000 / 1,449,000 / 1,381,000 / 1,418,000 (−₩108,000 / −7.08% vs Thu ₩1,526,000). Vol 3.86M. Flows: For −300,349 / Inst −131,567 / Ind +191,452; KSF For ₩−480.1bn; FO ~48.7%. Naver quirk C ₩1,391,000 not used. Mon PREOPEN carry ₩1,418,000.
Implication: b-rank: sharp Fri foreign/inst supply after Thu digest; paper Seoul rule NO (misses −8% by 0.92pp).
finance.yahoo.com/quote/000660.KS/history/
rank bYahoo SKHY / Yonhap FX · 2026-10-30
SKHY Fri $149.21 (−7.95%); prem +40.40% — ADR tracks Seoul dump
SKHY Fri RTH $149.21 (−7.95%) (O/H/L 150.52 / 153.49 / 145.34); AH ~$149.79 (+0.39%). Yonhap FX 15:30 1,334.3 (DN 2.5 from Thu 1,336.8). Same-session prem +40.40% (passes ≥+40; prior Thu +41.99%).
Implication: b-rank ADR: RTH mirrored Seoul −7%; AH stabilized; prem still elevated into Mon Asia.
finance.yahoo.com/quote/SKHY/
rank bX @jukan05 · Altman SK visit · 2026-10-31
Altman top-secret SK visit — Samsung execs; local media also SK hynix
@jukan05 Sat: Altman visit to SK met Samsung top execs; local media says also SK hynix. Same timing colour as last year's RAM surge start. Weekend constructive adjacency for KR memory sleeve into Mon.
Implication: b-rank: demand/allocation colour for Samsung/Hynix — constructive pocket vs Fri AI-spend fear dump; not a filing.
x.com/jukan05/status/2116434574993666327
Gaps: Finance MCP / Markets promotion absent → Korea attractive EMPTY. AJ Rivian Post Q3 members-locked (portal not accessed). Nine Fri Trade alerts app-teaser only. KIND shorts/program/block UNKNOWN (data.krx wall). No fresh Yonhap/KED/SCMP/HKET Mon headlines fetched — fewer items OK. Home X unavailable this morning.
X priority posts
2026-11-02 07:52 HKT / 2026-11-02 08:52 KST · Weekend → Mon AM priority (since Fri eve ~13:50 HKT cutoff). Sentiment mixed / medium. Home unavailable.
up@alojoh · Sun 21:24 HKT · conf high
Xpeng reports all-time best sales month. Vehicle sales increased in October 20% YoY and 22% MoM.
Why: Supports standing XPEV Y sleeve — colour only, no NEW row / no upgrade.
x.com/alojoh/status/2116884043039903751
down@alojoh · Sun 21:48 HKT · conf high
NIO’s October vehicle sales declined 15% year over year.
Why: Reinforces NIO Caution sleeve — colour only, no Avoid upgrade overnight.
x.com/alojoh/status/2116890140995985523
mixed@alojoh · Sun 16:24 HKT · conf medium
Rivian Q3 OL forecast within 10%: projected −$791m vs actual −$881m (18mo-old model).
Why: Estimate-quality colour on RIVN N sleeve; paired with Fri HC exit @$12.54 — KEEP N.
x.com/alojoh/status/2116808705530302577
down@jukan05 · Sun 17:44 HKT · conf high
Taiwanese media: Intel EMIB overall yield ~60–65%; silicon-bridge into ABF only ~25–30% vs TSMC CoWoS ~98%.
Why: Packaging yield gap vs CoWoS — idiosyncratic INTC/advanced-packaging DOWN colour; not a memory-beta break.
x.com/jukan05/status/2116828613777699280
up@jukan05 · Sat 09:38 HKT · conf high
Altman top-secret visit to SK: met Samsung top execs; local media says also SK hynix. Same timing as last year's RAM surge start.
Why: Demand/allocation colour for Samsung/Hynix into Mon — constructive pocket vs Fri AI-spend fear dump.
x.com/jukan05/status/2116434574993666327
mixed@jukan05 · Sat 10:09 HKT · conf medium
The Elec Terafab follow-up: ACM Research looking to supply PLP gear to Terafab despite 99% China revenue.
Why: Advanced packaging / PLP equipment colour — MIXED China-revenue optics; adjacency only.
x.com/jukan05/status/2116351827772051897
mixed@jukan05 · Sun 09:42 HKT · conf medium
Why did Anthropic pay SpaceX such a hefty premium while renegotiating prices with other cloud providers?
Why: Cloud/AI infra premium colour — MIXED for SPCX Watch sleeve; paper only.
x.com/jukan05/status/2116707485801381938
mixed@zephyr_z9 · Sun 19:48 HKT · conf high
RT DeepSeekHarness: Exploring Super-agent Design (DeepSeek WeChat/agent piece).
Why: China AI design colour (rank-a) — constructive pocket inside risk-off session narrative.
x.com/zephyr_z9/status/2116860015495819362
mixed@zephyr_z9 · Sat 13:14 HKT · conf high
CXMT G6 engineering samples validated Q3 → MP within a year; G5 MP since Sep; tech gap closing faster.
Why: China memory competitive colour vs KR — medium-term share/ASP pressure narrative, not same-open Seoul gap.
x.com/zephyr_z9/status/2116398506340659698
mixed@zephyr_z9 · Sat 01:54 HKT · conf medium
Customers want P-cores; Intel converting 18A capacity to Intel 3 to expand Granite Rapids.
Why: Intel process-mix colour after Fri dump — idiosyncratic, not memory-beta.
x.com/zephyr_z9/status/2116227300404686925
down@citrini · Sat 01:10 HKT · conf medium
Textbook rotation out of names you own into names you don’t — Fri US risk-off humour.
Why: Session risk-off humour stamp — overlays memory structural UP; not a Seoul beta flip.
x.com/citrini/status/2116216074878259615
mixed@BowTiedBull · Fri 23:26 HKT · conf medium
Today good day to screen: green/not-down-much on zero news = great sign; down with market = no read.
Why: Light process tip into Fri risk-off — colour only.
x.com/BowTiedBull/status/2116190064082551286
Home unavailable this morning. Hardcore browser-readable (Fri HC alerts already on US board colour). Skipped: @alojoh X-scam; @jukan Halloween/Shanghai food; BowTied lifestyle; culture-war.
DART material
last scan 2026-11-02 09:23 KST · KEEP×5 new this fire · Mon morning pack · age cut ≥ Fri 30 Oct 15:40 KST · board n=9 · POSCO International 047050 UP 1-3% don't-chase · SNT Holdings 036530 DOWN 3-8% · SNT Motive 064960 DOWN 3-8% · SNT Dynamics 003570 DOWN 3-8% don't-chase · GC Corp 006280 MIXED 1-3% don't-chase · + Fri residual HS Hyosung / Dongkuk Steel / HL Mando / Partron
up 1-3% don't-chasePOSCO International 047050 · KOSPI · 2026-11-02 09:18 KST · p≈12%
Q3 consol OP ₩400.7bn (+24% YoY); NI ₩401.8bn (+92% YoY)
Live-session Q3 print on a liquid ~₩8.8tn trader: YoY OP +24% and NI nearly doubled, but sequential sales/OP both eased ~6%. UP on the YoY earnings reset. Band 1–3%: mega-cap compression refuses mid-band even with the NI jump. Live already +3.2% sits at the top of the band → leftover don’t-chase, p≈12%.
Why direction: UP: consol OP +24% YoY and NI +92% YoY is a clean year-on-year beat despite a soft QoQ fade. · Why magnitude: 1-3%: ~₩8.8tn liquid mega-cap — framework compresses even solid YoY beats; refuse 3–8%. · Why probability: p≈12%: live already +3.2% has printed the small band minutes after the 09:18 stamp → don’t-chase residual only.
DART 20261102800220
down 3-8%SNT Holdings 036530 · KOSPI · 2026-11-02 09:11 KST · p≈48%
Q3 consol OP ₩45.1bn (−32% YoY); NI ₩12.7bn (−80% YoY)
Holdco earnings collapsed: OP −32% YoY and pretax/NI roughly −80% YoY with a matching sequential cliff — the miss runs through operating profit into a large non-operating hole. DOWN. Band 3–8%: YoY NI delta ~₩51bn is ~7.5% of ~₩679bn mcap, enough for mid-band on a mid-cap; refuse 8%+ because OP is still black. Live ~−0.2% leaves most of the band free → p≈48%.
Why direction: DOWN: OP −32% YoY plus pretax/NI −80% YoY is a clear earnings break, not a soft guide miss. · Why magnitude: 3-8%: NI hole ~₩51bn ≈7.5% of mcap clears mid-band; still-profitable OP refuses 8%+. · Why probability: p≈48%: stamp ~09:11 with live still near flat → unused mid-band into the morning session.
DART 20261102800213
down 3-8%SNT Motive 064960 · KOSPI · 2026-11-02 09:07 KST · p≈45%
Q3 pretax ₩3.94bn (−86% YoY) despite OP only −3% YoY
Auto-parts name where OP only slipped −3% YoY but pretax and NI cratered ~−85% — earnings quality broke below the operating line (DL E&C-class hole). DOWN. Band 3–8%: NI delta ~₩18bn is ~3.2% of ~₩564bn mcap plus a quality break clears mid; refuse 8%+ because OP itself is not the shock. Live ~−0.2% → most of the band unused, p≈45%.
Why direction: DOWN: pretax/NI −85% YoY with only a mild OP dip means a large non-operating hit hit equity value. · Why magnitude: 3-8%: NI hole ~3% of mcap + quality break = mid-band; OP still near flat refuses 8%+. · Why probability: p≈45%: live still flat minutes after the 09:07 stamp → unused tape into the morning.
DART 20261102800199
down 3-8% don't-chaseSNT Dynamics 003570 · KOSPI · 2026-11-02 09:01 KST · p≈18%
Q3 consol OP ₩6.07bn (−70% YoY / −65% QoQ)
Defense/machinery name with OP collapsed ~70% YoY and ~65% QoQ on softer sales — a clean operating miss, not a one-line quirk. DOWN. Band 3–8%: YoY OP delta ~₩13.8bn is ~2.2% of ~₩623bn mcap but the −70% rate shock still clears mid-band; refuse 8%+. Live already +2.2% against the miss → leftover is fade/digest only, p≈18% don’t-fight.
Why direction: DOWN: OP −70% YoY / −65% QoQ is a clear operating earnings break. · Why magnitude: 3-8%: sharp % OP collapse on a ~₩0.6tn name clears mid; absolute OP delta ~2% of mcap refuses 8%+. · Why probability: p≈18%: live already +2.2% opposite the call — leftover is fade residual, not unused DOWN alpha.
DART 20261102800197
mixed 1-3% don't-chaseGC Corp 006280 · KOSPI · 2026-11-02 09:01 KST · p≈14%
Q3 OP ₩49.2bn (+68.5% YoY) but sales −14% YoY; pretax ₩274bn one-off-heavy
Biopharma print is two-way: OP +68.5% YoY on sales still −14% YoY, while pretax ₩274bn is ~5.6× OP — the NI boom is one-off/non-op heavy, not a clean operating re-rating. MIXED. Band 1–3%: liquid ~₩1.55tn plus below-OP noise; refuse mid/shock. Live already +2.1% inside the small band → leftover don’t-chase, p≈14%.
Why direction: MIXED: OP beat fights shrinking YoY sales, and pretax/NI surge is far above OP so quality is two-way. · Why magnitude: 1-3%: ~₩1.55tn liquid name + one-off-looking pretax boom — compress to small band. · Why probability: p≈14%: live +2.1% has already used most of a 1–3% band → don’t-chase residual.
DART 20261102800193
up 8%+HS Hyosung 487570 · KOSPI · 2026-10-30 15:43 KST · p≈58%
Q3 consol OP ₩38.1bn (+159% YoY); sales ₩467.4bn (+28.7% YoY)
After-close Friday Q3 print: OP more than doubled YoY to ₩38.1bn on a ~₩174bn mcap name — the absolute OP level alone is ~22% of mcap, so the beat is equity-reset size into Monday’s open, not a soft guidance nudge. UP. Band 8%+: YoY OP delta ~₩23.4bn is ~13% of mcap and clears shock-class on a thin KOSPI holdco; refuse pricing the full OP/mcap ratio as a same-open must-print. Live only +1.7% into the stamp → most of the band is still Monday leftover, p≈58%.
Why direction: UP: consol OP +159% YoY / NI +356% YoY is a clean earnings reset on a small-cap holdco. · Why magnitude: 8%+: YoY OP delta ~₩23bn is ~13% of ~₩174bn mcap — clears shock band; liquidity is thin so gap risk is real. · Why probability: p≈58%: after-close Friday into Mon open, live only +1.7% so leftover is unused tape, not mid-session chase.
DART 20261030800806
down 3-8%Dongkuk Steel 084010 · KOSPI · 2026-10-30 15:42 KST · p≈36%
Q3 consol OP loss-turn −₩1.42bn (vs +₩8.0bn YoY / +₩16.3bn QoQ)
Sales still grew YoY but OP flipped to a −₩1.42bn loss against a +₩8bn year-ago and +₩16bn prior-quarter print — a clear margin break into the red. DOWN. Band 3–8%: loss-turn on a ~₩290bn steel name clears mid-band narrative, but the absolute OP hole is <1% of mcap so refuse 8%+. Live already +2.9% against the miss → Monday leftover is a fade/digest bet, not confirmed tape, p≈36%.
Why direction: DOWN: OP/pretax/NI all loss-turn vs still-profitable YoY and QoQ comps — margin break, not just soft growth. · Why magnitude: 3-8%: loss-turn is mid-band on a liquid midcap steel, but absolute OP hole ~₩1.4bn is tiny vs ~₩290bn mcap — refuse 8%+. · Why probability: p≈36%: live +2.9% votes against the print into the close, so Mon open is contested fade residual.
DART 20261030800834
down 3-8% don't-chaseHL Mando 204320 · KOSPI · 2026-10-30 15:42 KST · p≈22%
Q3 consol OP ₩51.5bn (−45% YoY/−52% QoQ); pretax/NI loss-turn (−₩41.2bn/−₩42.5bn)
Top line flat but OP halved YoY and pretax/NI flipped to ~₩42bn losses — earnings-quality break below OP on a large auto-parts name. DOWN. Band 3–8%: NI hole ~₩42bn is ~2.4% of ~₩1.74tn mcap so refuse 8%+, but loss-turn on liquid KOSPI auto still clears mid-band. Live already −3.8% has taken a chunk of that band into the close → Monday leftover don’t-chase, p≈22%.
Why direction: DOWN: OP −45% YoY plus pretax/NI loss-turn vs profitable comps is a real earnings miss, not a mix shift. · Why magnitude: 3-8%: loss-turn on ~₩1.7tn mcap auto-parts clears mid-band; absolute NI hole ~2.4% of mcap refuses 8%+. · Why probability: p≈22%: live −3.8% already sits inside the band after the after-close stamp → leftover is fade/Mon residual.
DART 20261030800817
down 3-8% don't-chasePartron 091700 · KOSDAQ · 2026-10-30 15:40 KST · p≈24%
Q3 consol OP ₩5.6bn (−66% YoY); NI loss-turn −₩4.5bn
Components name with OP collapsed −66% YoY and NI flipped to a −₩4.5bn loss despite a mild QoQ OP bounce — the YoY earnings break dominates. DOWN. Band 3–8%: NI hole ~₩4.5bn is ~1.9% of ~₩234bn mcap (refuse 8%+), but a two-thirds OP cut on a liquid KOSDAQ name still clears mid-band. Live already −4.0% → Monday leftover don’t-chase, p≈24%.
Why direction: DOWN: OP −66% YoY and NI loss-turn vs a still-profitable year-ago quarter is a clear earnings miss. · Why magnitude: 3-8%: YoY OP collapse on ~₩234bn mcap clears mid-band; absolute NI hole <2% of mcap refuses 8%+. · Why probability: p≈24%: live −4% already inside the band into the close → Mon leftover is residual, not unused alpha.
DART 20261030900818