Leading stocks and outlooks for beneficiaries of the lifting of the Hallyu ban (amorepacific, shinsega, etc)

₩3400

Major industry sectors skincare,makeup, luxury beauty; cosmetics production and brand operation; establishment and operation of global distribution networks outlook sales expansion is expected if China reopens distribution channels for korean cosmetics brands or if consumer sentiment recovers,and strategies to integrate offline and online channels may accelerate.

However, risk factors include intensified competiton from local chinese brands and changes in distribution channels. therefore, this stock has the potential to serve as the leading beneficiery of the lifting of the hallyu ban the beauty sector.