The sparkle of South Korean cosmetics firms remained strong on Monday after Seoul and Beijing extended a currency swap, a move seen as a yardstick for relations between the two countries.
Shares in Amorepacific, South Korea’s largest cosmetics company which has been hit by the ongoing spat between Beijing and Seoul, lifted 5 per cent in morning trading in Seoul on Monday, strengthening further from a 6.5 per cent gain on Friday to its highest point since September 5.
The price moves followed confirmation on Friday from the Bank of Korea that an eight-year $56bn currency swap with China had been extended.
您已閱讀50%（609字），剩餘50%（611字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。