YG’s stock price soared on the appearance of a super-large newcomer… Will Yang Hyun-suk’s magic work? Yun Hyun-joo’s staple food

YG Entertainment’s new girl group ‘Baby Monster’ was released in a YouTube video. Provided by YG Entertainment

Is it the appearance of a super-large newcomer who will become the ‘second Blackpink’?

YG Entertainment released a YouTube video on the 1st. In this 1 minute and 34 second video, Yang Hyun-suk, general producer of YG, appeared and introduced the 7-member female idol, saying, “You can think of a new girl group as a baby with YG’s genes.” He said, “This is the first group to announce at the new office building,” and “I hope we become a star who will surprise the world, just as they have surprised me in monthly evaluations for the past four years.”

Lee Seung-hoon, a member of the group WINNER, said, “They are the best friends in terms of their skills,” and Akdong Musician Lee Su-hyun praised them, saying, “They are good at expressions and gestures that captivate people.” BLACKPINK’s Lisa and Jennie said, “All 7 of us look good together. Overall, he is very good,” he encouraged his juniors. As of 6:00 am on the 8th, this video has recorded more than 26 million views and is receiving explosive attention from young people.

The news of the appearance of a new girl group is driving the stock price upward. YG Entertainment closed the transaction at 48,050 won on the 2nd, rising 9.58% with a 4,200 won increase from the previous day. During the day, it jumped to 11.74%. On the 6th, the stock price closed at 49,600 won, which rose more than 10% from 43,850 won on December 29, the last trading day last year. Institutions bought 198,700 shares for five consecutive trading days from the 2nd. This corresponds to 1.1% of the number of listed shares. As of the 6th, the average target price of 18 securities companies is 65,722 won.

YG Entertainment’s flagship singer, BLACKPINK, successfully completed their European tour at the end of last year. The YouTube views of the music video for “DDU-DU DDU-DU” surpassed 2 billion views on the 4th, a first for a K-pop group. The song is gaining popularity around the world with its addictive chorus and choreography that makes it look like shooting a pistol with both hands. BLACKPINK, who debuted in August 2016, is in their 7th year of debut this year, and they also view the ‘7th year of magic’ as a risk. ‘Evil’s 7th year’ refers to K-pop idols going through a period of change, such as group disbandment and solo activities, following 7 years of vigorous activity.

A stock investment expert said, “I don’t know what will happen to Blackpink’s contract renewal, but G-Dragon’s solo activities have been confirmed, and Treasure’s popularity is also on the rise.” will,” he said.

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Reporter Yoon Hyun-ju [email protected]