BTS just discharged from the military and the boss is caught up in a big mess? HYBE founder Bang Si-hyuk suspected of improper trading profits of 400 billion KRWAccording to reports, Bang Si-hyuk, the founder of HYBE Entertainment, which manages the world-class KPOP boy group BTS, has recently come under the scrutiny of the Financial Supervisory Service of Korea. This is mainly due to inquiries from investors during the Big Hit era about potential listing plans. At that time, Bang Si-hyuk indicated that relying solely on BTS was insufficient and hoped to wait until other artists were also developed before going public. However, a year after Bang Si-hyuk denied any listing plans, HYBE went public. At that time, investors sold their stocks to HYBE-affiliated funds, which made a profit of 1.2 trillion Korean won (, approximately 25.4 billion New Taiwan dollars ).
Investors during the Big Hit period inquired about the listing plan, which was denied by Bang Si-hyuk.
HYBE Corporation was formerly known as Big Hit Entertainment, founded by producer Bang Si-hyuk. Big Hit broke the dominance of YG, JYP, and SM by employing a strategy of acquiring small and medium-sized companies, along with the growth of its own artists.
ChainNewsAbmedia·2025-07-17 10:47