[Special Stock] Domestic Cosmetics Stocks Rise as Anti-Japanese Sentiment Intensifies in China

As anti-Japanese sentiment rises in China due to the discharge of contaminated water from the Fukushima nuclear power plant in Japan, domestic cosmetics stocks are gaining indirect benefits.

As of 9:58 a.m. on the 28th, Tony Moly was trading at 6,470 won, up 7.12% from the previous trading day. Coreana also rose 6.32% to 4,960 won, Amorepacific increased 4.56% to 133,100 won, and Clio was up 4.17% to 21,250 won.

Recently, as anti-Japanese sentiment deepened in China due to the discharge of contaminated water from Fukushima, the Japanese Embassy in China issued a warning to its citizens to exercise caution.

Additionally, news of the U.S. Secretary of Commerce's visit to China appears to have had an impact. Expectations for a relaxation of U.S.-China tensions have spread. This is the first visit by the U.S. Secretary of Commerce to China in seven years.

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