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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 a Chosun Ilbo report. The figure points to money the state-backed mortgage lender has extended but not recovered, raising questions about loan management and borrower repayment at the agency that underpins much of Korea's public housing finance.