Beauty firms, duty-free operators soar amid hopes for lifting of China sanctions
IndustryJan 13, 2020
Major South Korean cosmetics and duty-free operators traded higher Monday amid hopes that China may lift its retaliatory economic measures under way for years against Seoul's decision to deploy a U.S. anti-missile system here. Amorepacific Corp., the country's top cosmetics maker, closed at 232,000 won($200), up 5.22 percent from the previous session's close, after touching as high as 236,000 won, the highest mark since April 24 last year. Shares in LG Household & Health Care, the second-lar