The Korean sky group BTS (Bulletproof Youth League) announced the suspension of activities without warning last night. Leader RM said that there will be no group development in a short period of time, and the members will focus on their solo careers, but stressed that they are not disbanding, frankly: “Since “ON” “After the event, I don’t know what to do, and the whole feeling has changed.” After the news was exposed, it shocked fans around the world and sparked heated discussions. It is understood that BTS recently ended their 10-year dormitory co-living.
Today (15th), the share price of Hybe Entertainment, the company owned by BTS, plummeted by more than 26%. Although the seven sons promised to reunite once more and hoped that fans would support their decision, the company’s share price plummeted, falling more than 12% at the opening, and then continued to expand to more than 26%. The new low listed in South Korea in October, the market value evaporated 2 trillion won (regarding 12.1 billion Hong Kong dollars) overnight.
Originally published on AM730 https://www.am730.com.hk/entertainment/bts sudden solo development emphasizes non-dissolution-hybe entertainment stock price plummets and evaporates more than 10 billion/324057