 "South Korean,JYP Entertainment Corp,K-pop,Big 3 entertainment agencies,Korea,SM Entertainment Co,Youtube, Stray Kids,Billboard's World Album chart")
The South Korean stocks have had a rocky start to the year but one entertainment company is getting a big boost, all thanks to K-pop.
JYP Entertainment Corp — the agency representing the popular ‘Twice’ girl group — rose 22 per cent this week through Thursday, boosting its market capitalisation to 552 billion won ($516 million). The company overtook YG Entertainment Inc to become No. 2 among the ‘Big 3’ entertainment agencies in Korea. SM Entertainment Co. leads with a value of 829 billion won.
Investors are eyeing JYP mainly because of the success of the girl group Twice and a nine-member boyband
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