Big Bang’s impending comeback results in doubled stock prices for YG [NEWS]

Posted by on February 20, 2012

It appears that the anticipation for Big Bang‘s comeback has helped YG Entertainment record its highest share price yet.

YG’s current stock price is 67,000 KRW per share. The prices of the shares have been constantly rising for the past three days. This is most likely due to the news of Big Bang’s comeback, which will be commence officially on February 29th. The group will be releasing a mini-album comprised of six songs in addition to their world tour, ‘Alive‘, which will be launched in March. Many investors are expecting a nice string of CFs to follow suit.

With the sudden increase in stock price, financial reports believe that Yang Hyun Suk’s gross stock value will exceed 200 billion KRW (~177.6 million USD). Yang Hyun Suk along with his brother, Yang Min Suk (CEO and major shareholder of YG), are one of the top 5 first generation self-made Chaebols in South Korea.

In an interview, Yang Hyun Suk shared, “To bring K-pop onto the world stage and compete on a global level, competition amongst [K-pop label] companies is necessary. And that’s why we’ve strived to get YG on KOSPI. Ten years after SM’s enlistment on the index, YG made it to the stock market as well. It feels very rewarding.”

Aside from Big Bang’s comeback, 2NE1 is slated to make a comeback as well after the world tour. Furthermore, YG will be unveiling their new idol group later this year.

Source: Osen, allkpop

Filed under: News

  • http://pulse.yahoo.com/_B2NUFPAH3RDSR5MZHKPBOKMORE marla c

    proof they're making a good business or shall i say good at it...^___^

  • xanneTOP

    that's how YG roll in the kpop industry!! it's not on the quantity of idols that u produce but on the QUALITY!! 

    BUT, with this, VIPs are broke too! LOL 

  • Enived Eihn

    Our boys raising YG's stocks even before their official comeback date.

  • http://bigbangand2ne1.tumblr.com/ AYE♥BB4EVR♛♛♛♛♛

    YGE FTW~!!!!!!!!

  • mil

    it's a good and bad thing for yg share prices to rise! good is because IT ROSE (duh). bad is cos it rose mainly cos of bigbang news, so one day if something bad (TOUCHWOOD) happened to bigbang, the shares will drop too! :/ so i hope yg will package the whole yg fam (2ne1, tablo, se7en etc) as such that any of their comebacks will affect the share prices to make it more balanced!

  • HIDAYAH SABERI

    wow...for some reason I love the picture YG hugging bigbang boys..:)
    Bigbang will rule the world!! even before their comeback they've already brought success/ money to the company..
    YG will surely love bigbang more than any others artist in their company lol..:)
     

  • BBholic

    BIG BANK  ^^__________^^

  • fayelfrida

    that's the power of BigBang good music means good shares. :)

  • KSisVIP

    I LOL'ed at the pic.

  • http://www.facebook.com/profile.php?id=100000821544328 Adyra Azhary

    WOW BIGBANG COMEBACK GONNA BE EPIC <3

  • JasmineAnastasia

    Haha maybe he'll be so happy that they will spend even more on their comeback!!! That pic is way too funny though!!

  • http://twitter.com/TAEYANGVIP ♛YBVIP♛

    So much molaaaaa... Just imagine how much money they will make with the world tour!!!

  • UKfanz

    i love da pic above...he's hugging top n gd..auww

  • http://tamaraaa.tumblr.com/ Tamara Tran

    And this is the part when VIPs should start buying shares within YG.
    Just so we don't go broke xP!

    This is the power of The Troll!! O_o;

  • http://twitter.com/AviWill Avi Will

    this just proves that BIGBANG still has a big influence <3

  • http://twitter.com/delliani75 leni delliani

    I like looks this photo, Papa YG hug TOP, especially GD <3

  • http://twitter.com/delliani75 leni delliani

    I really like GD's smile :)))

  • Oni26

    I have a feeling that this is going to be a YG filled year!

  • bigbangfosho

    Nice picture~ he looks so troll like there...

  • http://twitter.com/adri_adrienne Adriana 아드리아나

    along with the name of BigBang it comes success !!!!! Deabak ^^

  • Caty

    At first I was like that old man has style
    Then I realize it was top haha

  • Talitha Mecca-Madina

    Hello VIPS...
    Go on Google and type: "Singers You'd Like to Perform at the 2012 London Olympics" ....
    And click on the link ( h t t p : / / w w w . the - top - tens . com /
    lists / singers - perform - london - olympics - opening - ceremonies . asp )
    VOTE FOR BIGBANG!
    In the top are Hatsune Miku and Super Junior "/
    I think we can only one vote U.U fighting!!VIP FIGHTING!!!!!! we can make
    our boys the winner of mtv world wide act, and we can make this one
    happen, to get ours boys recognized entire the world,,
    ....... oH AND SUPORT THE NEW M/V "BLUE