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REAL-TIME GLOBAL RESEARCH

SOUTH KOREA FIRST TO MARKET

Published: 2026-07-09Institution: JPMorganPages: 5Original language: EnglishEvidence page: 1

Research evidence excerpt

SOUTH KOREA FIRST TO MARKET

Asia Pacific Equity Research

South Korea First to Market 10 July 2026

Top Stories

Korea 2Q26 earnings preview by sector (Stanley Yang/Benjamin Kim/Jay Kwon/Jihyun Cho/Sonny Lee/Simon

Han/Mixo Das/MW Kim/Stephen Tsui, CFA/Parsley Ong)

Key bottom-up pre-results trading ideas

Following the preliminary earnings beat from SEC and in-line results from LGES this week, our Korea coverage’s 2Q26

earnings season will commence in the week of 20 July (Table 4). Combining 2Q earnings beat/miss expectations and other

catalysts, we provide key bottom-up pre-results trading ideas. Top picks: SEC, SEMCO, KB, Shinhan, Samsung Life,

Hanwha Aerospace, Hyundai Rotem, LIG D&A, Hanwha Ocean, Samsung Biologics, LS Electric and Krafton. Top

Avoids: Hanmi Semiconductor, KEPCO and LG H&H. We also provide 2Q sector earnings outlooks across our coverage

(Positive: Tech, Banks, Defense, Energy/Chem, Insurers and Shipbuilders; Negative: Utilities).

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