CJ Corp: FTC Could Crack Down on CJ Olive Young With Huge Fines

Oct 07, 2023

∙ Paid

CJ Corp's share price declined sharply by 10.7% to reach 80,200 won on 4 October. CJ Olive Young is the number one health & beauty store chain in Korea.
According to local media, CJ Olive Young is in danger of being fined large amounts of money by the Fair Trade Commission (FTC).
It appears likely that CJ Corp's share price could fall further close to the five year low end of the trading range (60,000 won) in the next several weeks.

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