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Korean firms reliant on China tourism hit hard by yuan woes

Thursday, August 20, 2015 - 05:50

Hong Kong

SOUTH Korean companies reliant on Chinese demand are turning from the stars of the stock market to the also-rans after the yuan's devaluation.

Shares of AmorePacific Corp, a cosmetics company that counts China as its second-biggest market, had more than doubled in the 12

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