LS surged more than 3% during the session, recovering to the 320,000 won level. Investor sentiment is improving as expectations build over the expansion of power infrastructure investments and the benefits from high-voltage direct current (HVDC) technology.

As of 9:57 a.m. on the 9th, LS was trading at 320,000 won, up 11,500 won (3.73%) from the previous trading day. Intraday trading volume reached approximately 55,931 shares, with buy-side momentum expanding the gains. Trading continued around the 320,000 won level on the order book.

Power Equipment, Cables, and Power Grids as Core Growth Pillars The market is paying close attention to the fact that the LS Group has positioned power equipment, cables, and power grid sectors as its core growth pillars. Global power grid replacement demand and the expansion of power facility investments, driven by the proliferation of artificial intelligence (AI) data centers, are heightening expectations for medium- to long-term earnings improvement. In particular, the HVDC market is growing rapidly as the replacement of aging power grids and the expansion of transmission networks gain momentum, centered around North America and Europe. With increasing demand for high-efficiency power transmission technology, the business competitiveness of LS—which has affiliates in both cable and power equipment manufacturing—is being highlighted once again. Major affiliates, including LS Cable & System, are working to expand their global order intake in power infrastructure sectors such as submarine cables, extra-high-voltage cables, and transformers. There are also projections that increased power grid investments will translate into improved earnings across the entire group.

AI Data Centers as a New Growth Driver The recent expansion of AI data centers is also being evaluated as a new growth driver for the power equipment market. As demand increases for transmission and distribution facilities and power equipment to stably supply large-scale electricity, the potential benefits for related companies are being actively discussed.

Variables to Watch After Short-Term Surge In the securities sector, analysts believe that after a short-term stock price rally, factors such as the scale of new orders, the progress of overseas projects, and the global economic and interest rate environment will act as variables determining future direction. In particular, power infrastructure investment policies in the United States and Europe, along with the pace of HVDC market expansion, are cited as key factors that will influence medium- to long-term growth.

[This article was written with AI assistance, and the content is based on publicly available data and market information. As some details may change over time, please ensure you verify official materials such as Korea Exchange disclosures and corporate announcements before making any investment decisions. This article does not intend to recommend the purchase or sale of any specific stock, and the final investment decision and responsibility lie solely with the reader.]