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Tue, October 20, 2020 | 06:12

Big Hit's downfall unnerves investors

Big Hit's downfall unnerves investors

Retail investors who jumped on the latest public subscription craze regarding the listing of Big Hit Entertainment are feeling a growing sense of anxiety after the entertainment stock saw a steep fall following its initial public offering (IPO).

Lee Min-hyung | 2020-10-18 17:14

BTS agency stock prices likely to remain volatile: analysts

BTS agency stock prices likely to remain volatile: analysts

Big Hit Entertainment, the agency of K-pop superstar BTS, may face increased volatility following last week's rocky stock market debut, as institutional investors are likely to sell part of the company's stocks. Right after debuting on the country's main bourse on Thursday, the K-pop entertainment company soared to 351,000 won (US$306), sharply up from the 135,000-won initial...

2020-10-18 13:53

Kakao Page's IPO expected to be delayed further

Kakao Page's IPO expected to be delayed further

The IPO timing of Kakao Page, an online content affiliate of mobile IT parent company Kakao, is expected to be delayed further to sometime around late 2021 or even pushed to 2022.

Anna J. Park | 2020-10-15 18:16

Will Big Hit end IPO craze?

Will Big Hit end IPO craze?

It was a disappointment that the stock price of newly listed Big Hit Entertainment - the management company of superstar K-pop group BTS - ended at 258,000 won ($225.60) at Thursday's close, a 4.44 percent fall from its initial starting price of 270,000. The stock started strong as its initial price was determined at 270,000 won - double its subscription price of 135,000 won ...

Anna J. Park | 2020-10-15 17:18

Big Hit founder set to make super-rich list

Big Hit founder set to make super-rich list

Big Hit founder set to make super-rich list

Big Hit Entertainment founder and CEO Bang Si-hyuk became a multi-billionaire following the initial public offering (IPO) of the entertainment firm on Thursday.

Lee Min-hyung | 2020-10-15 16:30

Will Big Hit end IPO craze?

Chicken franchises no exception to 'IPO craze'

Chicken franchises no exception to 'IPO craze'

Fried chicken franchises here are set to ride the ongoing initial public offering (IPO) craze worldwide, amid ultra-low interest rates and aggressive stimulus packages to cope with the COVID-19 pandemic, according to industry officials, Thursday.

Park Jae-hyuk | 2020-10-15 10:29

CJ confirms plans for stock swap with Naver

CJ confirms plans for stock swap with Naver

CJ Group is in talks with the country's internet portal giant Naver under which the latter will acquire between 10 percent and 20 percent in the former's logistics unit.

Kim Jae-heun | 2020-10-14 17:05

Will Big Hit Entertainment's stock price continue to soar after IPO?

Will Big Hit Entertainment's stock price continue to soar after IPO?

Ahead of Big Hit Entertainment's much-expected listing on the nation's benchmark KOSPI on Thursday, investors' interest in K-pop band BTS' management company is rising over whether the company's initial stock price could hit the price-soaring limit of 30 percent on the first day.

Anna J. Park | 2020-10-13 17:01

Effectiveness of virus relief fund remains questionable

Effectiveness of virus relief fund remains questionable

The effectiveness of the coronavirus relief fund worth 40 trillion won ($34.78 billion) is still being called into question, as most firms remain hesitant to receive the financial aid due to its high interest rate and other challenging eligibility criteria.

Lee Min-hyung | 2020-10-13 16:53

[Reporter's Notebook] Korean analysts need freedom of speech

[Reporter's Notebook] Korean analysts need freedom of speech

After the government unveiled its ambitious plan last month to create the New Deal Fund worth 20 trillion won ($17 billion) over the next five years, two reports published by two different securities firms have become worthy of note.

Park Jae-hyuk | 2020-10-13 11:43

Korea seeks balanced regional development under New Deal projects

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