Record High Exports in K-Beauty Industry and Launch of HANARO ETF
NH-Amundi Asset Management announced in its August HANARO ETF Monthly Report that the K-Beauty industry recorded its highest export performance in the first half of the year. This achievement is mainly attributed to reducing dependence on the Chinese market and diversifying exports to Europe and the Middle East. The export growth rates achieved in Europe and the Middle East were 41.8% and 56.6% respectively, indicating a significant expansion of the K-Beauty industry's competitive edge in the global market.
Furthermore, NH-Amundi anticipates sustained growth in the K-Beauty industry and has launched the 'HANARO K-Beauty ETF' as an investment opportunity. This ETF allows investors to gain exposure to 20 essential K-Beauty industry sectors, participating in the continued growth of the industry. The emergence of the beauty and medical sectors as a new growth engine is contributing significantly to the long-term development potential of the industry.
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