The stock price of HYBE dropped 24.87 percent to close at 145,000 won per share on June 15. Disposal by institutional investors amounted to 46.5 billion won and the lowest level of the day was 139,000 won. The market cap of the company dropped 1.985 trillion won on June 15 alone. This is because BTS
The authors are analysts of Shinhan Investment Corp. They can be reached at snowKH@shinhan.com and wonyong.sim@shinhan.com, respectively. -- Ed. Earnings to improve gradually towards 2H22Wysiwyg Studios registered sales of KRW31.2bn (+144% YoY) and operating loss of KRW9.3bn for 1Q22. Operating expe
The author is a strategist of NH Investment & Securities. He can be reached at lawrence.kim@nhqv.com. -- Ed. Economic outlook: Weakening of economic momentum- Economic outlook: Economic momentum should weaken in 2H22, as: 1) supply chains remain disrupted; 2) galloping inflation should push down rea
The New Zealand Wine Festivals are back after a hiatus due to the COVID-19 pandemic. Anticipation in Korea’s two biggest cities is increasing to sample premium New Zealand vintages – in line with the rapid growth in popularity of New Zealand wine in Korea.“We are delighted that the Kiwi Chamber is a
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. In line with the ongoing global transition towards an endemic phase, offline leisure and entertainment activities are set to resume in earnest. Following the past two-year-long restrictions, pent-u
Pernod Ricard Korea's leading premium vodka ABSOLUT announced on May 12 that it will release its new campaign "Born to Mix – Harmonizing Through ABSOLUT" campaign video.The campaign emphasizes the harmony of various people and cultures beyond the simple mixing of ABSOLUT Vodka and drinks. It con
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. Helped by the strengthening competitiveness of its bundled products, SkyLife’s number of satellite broadcasting and CATV subscribers recorded net growth, thus laying the foundation for stable ear
The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com. -- Ed. As the number-one distributor of Korean Wave content in Japan, Copus Korea stands to benefit from the expanding streaming portion for Korean Wave content on Japanese OTT platforms. The firm’
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. Maintain BUY, raise target price to KRW44,000 We maintain BUY on KT and raise our TP by 10% to KRW44,000. We derived our TP based on the dividend discount model. Our investment points include promising g
Renowned Korean American serial entrepreneur John Suh said kids have to be allowed to fail in order to succeed, as he addressed parents in Seoul during the second installment of a thought leadership series modeled after TED Talks.The series, dubbed Dulwich Talks after its host pre-K-12 international
The author is an analyst of Shinhan Investment Corp. She can be reached at inhae.ji@shinhan.com. -- Ed. Initiate coverage on entertainment sector with OVERWEIGHT viewThe combined market cap of four entertainment companies (HYBE, SM Entertainment, YG Entertainment, JPY Entertainment) has dropped 24%
SM Brand Marketing announced on Feb. 23 that it has signed a business agreement with Binance for collaboration in the blockchain industry.According to the agreement, the two companies will collaborate to expand their play-to-create (P2C) ecosystem in which users can create games, music, dance and go
LG Electronics is expanding its original TV content by developing apps based on its smart TV operating system (OS). For example, in the 1M HomeDance app on LG smart TVs, dancers from the 1MILLION Dance Studio teach how to dance. Highbrow provides more than 10,000 pieces of educational content, rangi
LG Electronics unveiled the LG Omnipod, a self-driving car concept model, for the first time at the Next Mobility 2022 hosted by Kakao Mobility at COEX in Seoul on Feb. 10.The LG Omnipod is a concept car based on artificial intelligence (AI). LG Electronics has expanded the concept of a smart home t
Saudi Arabia’s Public Investment Fund (PIF) has invested 1 trillion won in Nexon. Recently, a series of big deals has taken place in the global game industry, including Microsoft’s acquisition of Activision Blizzard. PIF has been expanding its investment in game companies and has recognized Nexon’s
The Regional Comprehensive Economic Partnership (RCEP) became effective on Feb. 1 as the world’s largest FTA that accounts for 30 percent of the global trade volume, GDP and population. It consists of the 10 member states of the ASEAN, Australia, China, Japan, South Korea and New Zealand.The existin
The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com. -- Ed. From this year, the fruits of ESTsoft’s AI and metaverse business profit models (including entertainment, shopping, and commerce ventures) are to become more tangible. Accordingly, its share
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. Netmarble likely endured 2021 OP decline, affected by delays in the launches of new games and relatively weak earnings. However, delayed games should see release this year alongside full-fledged
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. CJ ENM’s 4Q21 OP should come in around W88.1bn, missing consensus. The success of TVING exclusive content Drunken City Women and the firm’s own IP INI for its music business are encouraging, but co
LG Electronics announced on Jan. 12 that its plastic organic light emitting diode (P-OLED) infotainment systems will be loaded into the 2022 Mercedes-Benz EQS model.The infotainment system was jointly developed with the German carmaker and consists of three screens -- an instrument panel, a central