World's top innovator S Korea dominates Asian stock winners

Hong Kong

SOUTH Korea, which topped the Bloomberg Innovation Index in January, is now dominating Asian stock markets with seven of the 10 best performers this year.

Hanmi Science Co and affiliate Hanmi Pharm Co soared 968 per cent and 699 per cent each after clinching deals to sell lung cancer and diabetes treatments overseas. Amorepacific Corp climbed 106 per cent as its Air Cushion foundation cream won positive reviews, driving a 51 per cent jump in its net profit in the nine months through September. Celltrion Inc, which developed an arthritis medicine, more than doubled.