2 weeks Shares in managers of K-pop’s BTS double on market debut MB |Biz
SEOUL, Oct  15, 2020 (AFP) – Shares in the management agency of K-pop sensation BTS more than doubled on their stock market debut Thursday, making an instant multi-billionaire of its chairman and boosting the seven band members’ own fortunes. Factfile on BTS, the seven-member South Korean boyband. / AFP / Janis LATVELS AND Laurence CHU) The initial public offering of shares in Big Hit Entertainment saw staggering demand, with the public section oversubscribed more than 600 times and applicants receiving only a tiny fraction of their requests. The firm’s centerpiece asset BTS have risen to global stardom ... more