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Chosun Ilbo
Trends
- 1K-pop Booms While HYBE and JYP Stocks Slump▼K-pop Boom Contrasts With Plunging Entertainment Stocks: HYBE, JYP Lead Declines
South Korean entertainment stocks are falling even as K-pop enjoys a global boom, with HYBE and JYP Entertainment leading the declines, according to a Chosun Ilbo report. The contrast highlights investor concerns over revenue dependence on album sales and concerts, rising costs, and uneven earnings from artist activities, despite the genre's surging worldwide popularity and record-breaking releases.
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South Korea's Housing Finance Corporation is reported to have uncollected funds approaching 2 trillion won, according to coverage by the Chosun Ilbo. The figure points to a substantial backlog of money owed to the state-run housing finance body, raising questions about the scale of delinquencies and how effectively the corporation recovers loans and guarantees.