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  • [Monitor] China-related Korean firms suffer from THAAD plan
    [Monitor] China-related Korean firms suffer from THAAD plan
    The market capitalization of the top 10 Korean companies related to consumption in China, such as cosmetics, travel and food, contracted from 61.8 trillion won on July 7 to 50.6 trillion won on Aug. 5, showed a report by Samsung Securities on Monday. Their stock prices continued to drop after South Korea and the U.S. announced on July 8 a plan to deploy the Terminal High Altitude Area Defense system here. 　
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[Monitor] China-related Korean firms suffer from THAAD plan

Aug. 10, 2016 - 09:42 By Korea Herald

The market capitalization of the top 10 Korean companies related to consumption in China, such as cosmetics, travel and food, contracted from 61.8 trillion won on July 7 to 50.6 trillion won on Aug. 5, showed a report by Samsung Securities on Monday. Their stock prices continued to drop after South Korea and the U.S. announced on July 8 a plan to deploy the Terminal High Altitude Area Defense system here.
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