Several major South Korean beauty stocks including AmorePacific, Hankook Cosmetics and Kolmar Korea have seen dramatic falls in value.
The big valuation dips are directly connected to the gyrations of the Chinese stock market and ‘bubble’ fears, as well as longer-term worries about the vigour and direction of the Chinese economy as a whole.
Not yet a Subscriber?
This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.
Subscribe now Already a subscriber? Sign in here.