AmorePacific has recorded earnings surprises for three consecutive quarters since the fourth quarter last year. Thanks to the continuous better-than-expected performance, the company's stock became one of the three stocks whose prices are over and above 2 million won, including Lotte-Chilsung and Lotte Confectionery. Its stock price has jumped 137.5 percent for this year to date.

 

Analysts expected AmorePacific shares to surpass the market consensus again in the third quarter, largely because of the "China factor," including higher duty-free shop sales for Chinese tourists and briskier sales in cosmetic shops in China. Given the National Day Golden Week holiday between October 1 and 7 is forecast to attract at least 160,000 Chinese tourists to Korea, AmorePacific shares have more reasons to shoot up in the fourth quarter.