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Girl power fuels South Korean entertainment stocks

A South Korean fan of the K-pop boy band BTS poses for photographs with a BTS photo during an interview with media at a cafe featuring BTS goods in Seoul on June 15, 2022. (Reuters photo)

SEOUL: High expectations of new girl groups have bolstered the stock of Hybe to offset some of the concerns from the hiatus of mainstay artist BTS, while new albums of iconic South Korean girl groups Blackpink and TWICE lifted their labels JYP and YG after South Korean entertainment majors finished the first half better than expected.

Hybe, JYP…

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