Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Thematic (Sector/Industry)

Korea has two visa policies for Chinese visitors to Korea – one for mainland Korea and one for Jeju island. Chinese visitors must get visa when visiting mainland Korea while visa is not required to visit Jeju island. We believe that the tremendous success of attracting Chinese visitors to Jeju island may also lead to relaxed visa policies for Chinese visiting mainland Korea. Timing of potential change of Chinese visa policy to Korea - Although it may not be discussed much openly, we think that there are increasing talks behind the doors to relax the visa policy for Chinese visitors to Korea (ex. 3 months no visa policy) in order to attract more Chinese visitors and help to attract foreign capital. In terms of time-frame, we believe it could over the next two years, especially as the incumbent Presidential regime is pro-FTA with China and open to attracting more Chinese capital. The potential change to existing visa policy such as 3 months no visa could be both ways (Chinese visitors to Korea and Korean visitors to China).

Korea has two visa policies for Chinese visitors to Korea – one for mainland Korea and one for Jeju island. Chinese visitors must get visa when visiting mainland Korea while visa is not required to visit Jeju island. We believe that the tremendous success of attracting Chinese visitors to Jeju island may also lead to relaxed visa policies for Chinese visiting mainland Korea. Timing of potential change of Chinese visa policy to Korea - Although it may not be discussed much openly, we think that there are increasing talks behind the doors to relax the visa policy for Chinese visitors to Korea (ex. 3 months no visa policy) in order to attract more Chinese visitors and help to attract foreign capital. In terms of time-frame, we believe it could over the next two years, especially as the incumbent Presidential regime is pro-FTA with China and open to attracting more Chinese capital. The potential change to existing visa policy such as 3 months no visa could be both ways (Chinese visitors to Korea and Korean visitors to China). 

Potential Change of Chinese Visa Policy to Korea

South Korea

Hyundai Department Store Co., Ltd. operates department stores under the name of Hyundai Department over nationwide.  The Company also produces home shopping programs for cable channels and sells merchandise through home shopping programs.

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Hyundai Dept Store Co (069960 KS)

Potential Change of Chinese Visa Policy to Korea

Korea has two visa policies for Chinese visitors to Korea – one for mainland Korea and one for Jeju island. Chinese visitors must get visa when...

Douglas Kim

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)