K-Pop agency HYBE's shares hit over 4-year high on BTS world tour plans

HYBE

19/01/2026 06:27

** Shares of South Korean music agency HYBE 352820.KS surge 9% to 367,000 won as of 0618 GMT, highest level since early December 2021, as co unveils world tour plans for boyband BTS

** K-Pop boyband BTS set to release new album titled "Arirang" on March 20, nearly four years after its last release, with a world tour planned to start in April

** Analysts raise PT after the announcement, with Kiwoom Securities' analyst Lim Soo-jin raising her target by 18% to 450,000 won from 380,000 won

** A total of 70 concerts in 2026 and 9 in 2027 have been finalised, but it can be raised to 85 or 90 with more concerts in Japan and the Middle East, Lim says

** Broader KOSPI market up 1.5%

 (Reporting by Jihoon Lee)

 ((jihoon.lee@thomsonreuters.com))