“BTS Related Week” Big Hit · Keyeast · Green Snake,’Intraday Soaring’…Why?

In the policy to expand exchanges between Korea and China, individual issues are also “intraordinary attention”…Investment decisions must be made carefully

Group BTS (BTS).  /Photo = Big Hit Entertainment, Newsis.
Group BTS (BTS). /Photo = Big Hit Entertainment, Newsis.

[초이스경제 이영란 기자] In the stock market on the 22nd, the stock prices of BTS’s agency Big Hit, Keyeast, and Green Snake are on the rise. This is interpreted as the fact that individual issues were added to the government’s announcement of the policy to expand exchanges between Korea and China.

According to the Korea Exchange, the stock price of Big Hit as of 11:20 is trading at 18,500 won, up 8.96% from the previous day. Big Hit’s stock price rose for 3 consecutive trading days until the 20th, and then showed a’hidden’ the day before.

At the same time, the stock prices of Key East (+6.87%), Green Snake (+23.96%), and Netmarble (+5.37%) are also recording a sharp rise.

The Ministry of Foreign Affairs announced on this day that it will fully restore Korea-China exchanges and cooperation and make it the first year to lay the foundation for future-oriented development of bilateral relations.

In the case of Big Hit, expectations for earnings are increasing. Lee Hwa-jung, an analyst at NH Investment & Securities, recently diagnosed, “After training local trainees, we started a global project to make our debut in the country.”

Keyeast announced the production of a drama worth 40 billion won the day before. Due to the news, the stock price was also closed the day before.

Meanwhile, the KOSPI index rose 0.45% compared to the previous day at 3174.93. The KOSDAQ index rose 0.24% to 983.73, respectively.

Choice Economy, however, strongly hopes that “this article will be used only as a reference.” Issues related to specific industries, specific companies, and specific themes are often to be observed, and stock investments are always risky.

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