HYBE s stock price turned bearish for two consecutive days amid a dispute between the K-pop powerhouse and Ador, its subsidiary label responsible for launching the hugely successful girl group, NewJeans. However, analysts predict that the incident will have only a limited impact on HYBE s earnings and the future musical endeavors of the girl group.
After roller-coaster year for K-pop stocks, what to expect next year? asianews.network - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asianews.network Daily Mail and Mail on Sunday newspapers.
It was a rough year for K-pop, with big firms' shares taking a roller-coaster ride despite outstanding performances, hitting an annual peak in the summer and plummeting in recent months. But the bumpy ride is set to settle down for the most part, with major risk factors being resolved and individual firms pushing through with their global business ventures for long-term qualitative growth, industry watchers say..
With U.S.-Friendly BTS on Hiatus, South Korean Record Label Hybe Cuts Deal to Enter China breitbart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from breitbart.com Daily Mail and Mail on Sunday newspapers.