Group 1 - The focus of the market on South Korean consumer stocks is primarily on three aspects: geopolitical events potentially benefiting South Korean companies related to China, global export trends of Korean beauty products, and local consumption market dynamics [1] - Driven by geopolitical tensions between China and Japan, along with expectations of visa-free travel for Chinese tour groups, South Korean tourism-related stocks, particularly duty-free shops and casino operators, have shown strong stock performance [1] - According to CITIC CLSA, geopolitical factors may further increase the number of Chinese tourists visiting South Korea, with the biggest beneficiaries likely being South Korean beauty brands and ODM companies rather than duty-free shops or casino operators [1]