KOREA ALPHA

Consumer

Cosmax benefits from record K-Beauty exports and rising global demand for Korean cosmetics

K-Beauty exports are expanding across the U.S. and Europe, creating broader global demand for Cosmax manufacturing

Cosmax converts global K-Beauty demand into record sales and earnings through its global cosmetics manufacturing platform

Key growth catalysts to watch as Cosmax expands its global cosmetics ODM business

Consumer

Cosmax Is the Picks-and-Shovels Play on K-Beauty

September 3, 2026 · 8 min read

K-Pop stocks decline as HYBE, SM Entertainment and JYP Entertainment fall sharply from their highs

Major K-pop artist comebacks lifted short-term earnings but were already priced into entertainment stocks

K-pop stocks face a valuation reset as higher expectations, tougher comparisons and macro headwinds pressure investor sentiment

Key catalysts for K-pop stocks include sustainable artist growth, margin expansion and stronger global monetization

Consumer

Why Korea’s Entertainment Stocks Are Falling Even as K-Pop Keeps Growing

August 31, 2026 · 6 min