Big Bang’s comeback continues to prove its strength after YG Entertainment’s stock shares increased. On February 17th, YG Entertainment’s shares on the KOSDAQ market closed at 60,700 won, a 5.02% increase from its closing value the previous day. ShareTweet
YG Entertainment has recently entered the KOSDAQ market, and the largest stock holder and the head of the company, Yang Hyun Suk, stated, “I have no intention of earning money by selling stocks and will focus on producing singers as I have before.” ShareTweet
As one of the top three entertainment companies in Korea, YG Entertainment has passed screening to go public on the KOSDAQ (Korea Securities Dealers Automated Quotations), a Korean stock market exchange equivalent of America’s NASDAQ. YG will be the 2nd entertainment company to qualify to be listed on the stock market, following SM Entertainment. ShareTweet