[Featured Stock] China's 'Three-Child Policy' Drives OrganicTic Cosmetic for Infants and Toddlers to Limit-Up

[Asia Economy Reporter Ji Yeon-jin] Organic T Cosmetic, a company specializing in cosmetics for infants and pregnant women, soared to the price limit on the 1st following news of the relaxation of China's birth control policy.

Organic T Cosmetic has been trading at 1,065 KRW, up 29.56% compared to the previous trading day, since the market opened that morning.

Organic T Cosmetic is a Hong Kong holding company that wholly owns Fujian Tongho Trading Co., Ltd. (Tongho Trading), a wholly foreign-owned enterprise (WOFE) intermediate holding company based in China. Its subsidiary, Haicheng Pharmaceutical, which conducts actual business operations, is a specialized infant cosmetics company producing and selling skin care and cleansing products such as shampoo, body wash, and body lotion for infants in China, as well as summer cosmetics like mosquito repellents and powders.

The day before, the Central Political Bureau of the Communist Party of China, chaired by General Secretary Xi Jinping, President of China, reviewed the "Family Planning Policy Improvement and Population Balanced Development Plan" and decided on the "three-child policy." This is a birth promotion policy where the government creates policies for having three children, and local governments implement birth policies linked with economic and social policies.

This content was produced with the assistance of AI translation services.