Korea Stocks Hit by Thaad Row Bounce Back as China Tensions Ease
- SocGen’s basket of equities closes gap with index of peers
- Tourism operators, exporters among those affected by dispute
North Korea Crisis Continues to Escalate
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Companies in South Korea that were hit by the economic backlash imposed by China in response to the deployment of the Thaad missile shield have seen their shares climb following the diplomatic thaw between the countries.
A basket of such stocks, which includes some of South Korea’s biggest companies, is narrowing the gap with the Kospi 200 Index after lagging behind the gauge for months.