AmorePacific, Hankook Cosmetics and Kolmar Korea fall in value

Chinese economy cause fuel value drop

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.

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