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Chinese Government Announces a No-Visa Policy for South Korean Citizens Entering China

Chinese Government Announces a No-Visa Policy for South Korean Citizens Entering China

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Douglas Kim
Nov 04, 2024
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Douglas Research Insights
Douglas Research Insights
Chinese Government Announces a No-Visa Policy for South Korean Citizens Entering China
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  • On 4 November, the Chinese government suddenly announced it will waive visa requirements for South Korean citizens entering China.

  • This is likely to have a major positive impact on major travel/airline stocks including Hana Tour Service, Korean Air Lines, Very Good Leisure, Yellow Balloon Tour, and Modetour Network.

  • A no-visa policy by China for South Korean citizens could also imply a reciprocal policy by the South Korean government.

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