Two new listings have hogged headlines for different reasons in recent weeks. Shares of Big Hit Entertainment, which manages popular Korean boy band BTS, made its debut at more than double its IPO price of KRW135,000 ($161.53) as frenzied fans piled in, allowing nimble investors to make some money. From the post-IPO peak of KRW351,000, Big Hit shares are down by half to close at KRW179,000 on Oct 21.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe