SEOUL, Oct. 13 (Korea Bizwire) — Tens of trillions of won are floating around stock markets after last week’s fierce competition for the subscription of Big Hit Entertainment, the management agency of K-pop superstar BTS, data showed Tuesday. Retail investors, including BTS fans, chipped in 58.4 trillion won (US$50.8 billion) in the agency’s two-day subscription [...]
SEOUL, Oct. 13 (Korea Bizwire) — A majority of investors who were discovered to have committed illegal short-selling turned out to be foreigners. However, the amount of fines levied on them was negligible. According to an analysis of the data that Rep. Kim Byung-wook from the ruling Democratic Party received from the Financial Services Commission, [...]
SEOUL, Oct. 7 (Korea Bizwire) — South Korean online gaming company Krafton Inc.’s planned initial public offering (IPO) is drawing keen interest from potential investors following a recent series of highly successful share sales, industry sources said Wednesday. The market craze follows megahit IPOs by Big Hit Entertainment, the management agency of K-pop phenoms BTS; [...]
SEOUL, Oct. 6 (Korea Bizwire) — Big Hit Entertainment, the management agency of K-pop phenoms BTS, drew a near record-high amount of deposits from retail investors Tuesday, the last day for the subscription for its initial public offering (IPO) next week. Since Monday, retail investors have subscribed for around 1.43 million Big Hit shares, or [...]
SEOUL, Oct. 6 (Korea Bizwire) — Shares of solar and wind power companies in South Korea have more than doubled thus far this year, the local bourse operator said. The Korea Exchange announced that on the basis of closing prices on Sept. 29, the share prices of the 11 companies recommended by more than three securities [...]
SEOUL, Oct. 5 (Korea Bizwire) — Dividend income earned by South Koreans under the age of 18 has more than doubled over the past four years amid a trend of early gifts among rich people, government data showed Monday. Underage shareholders in the country posted a combined dividend income of around 265 billion won (US$227 [...]
SEOUL, Oct. 2 (Korea Bizwire) — South Korean analysts offer a wide range of target prices for Big Hit Entertainment, an agency of K-pop superstar BTS, ahead of the company’s market debut slated for this month. Big Hit Entertainment’s listing, set for Oct. 15, is one of this year’s mega IPO deals, thanks to the [...]
SEOUL, Oct. 1 (Korea Bizwire) — Big Hit Entertainment, the management agency of K-pop superstar BTS, will make its debut on the main bourse this month, arguably emerging as the top entertainment pick by investors this year. The company will open subscription for retail investors Monday and Tuesday at an initial public offering (IPO) price [...]
SEOUL, Sept. 28 (Korea Bizwire) — Big Hit Entertainment, the management agency for K-pop super group BTS, said Monday its initial public offering (IPO) price has been set at 135,000 won (US$115) following last week’s demand forecasting session. The offering price represents the upper end of its IPO price range provided for two-day demand forecasting [...]
SEOUL, Sept. 28 (Korea Bizwire) — South Korea’s No. 1 mobile payment service provider, Kakao Pay, is pushing for an initial public offering during the first half of next year, industry sources said Monday. To that end, Kakao Pay has recently chosen local brokerage KB Securities as the lead manager and is preparing to win [...]