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Listing of K-pop stars BTS’ label is South Korea’s IPO market ‘turn around’

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BTS attend the Billboard Music Awards at MGM Grand Garden Arena on May 01, 2019 in Las Vegas, Nevada.

Frazer Harrison | Getty Images Entertainment | Getty Images

SINGAPORE — The highly anticipated market debut of Big Hit Entertainment, the music label behind South Korean K-pop megastars BTS, will shift South Korea’s public listing landscape away from traditional sectors, said Dealogic

“Big Hit’s IPO (initial public listing), it does bring some much needed diversity to the South Korean IPO landscape,” Romaine Jackson, head of Southeast Asia at Dealogic, told CNBC’s “Squawk Box Asia” on Tuesday.

“It’s traditionally been your technology names … your health-care names,” Jackson said. “To…



Source cnbc.com

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