South Korean entertainment stocks jump on reports of K-Pop concert in Hong Kong

YG Entertainment

23/12/2025 06:10

** Shares of South Korean entertainment stocks jump on media reports of a K-Pop concert in Hong Kong in early February

** HYBE 352820.KS rises more than 5%, SM Entertainment 041510.KS jumps 8%, JYP Entertainment 035900.KQ climbs 3% and YG Entertainment 122870.KQ gains 4%

** Dream Concert 2026 to be held jointly by K-Pop agencies in Hong Kong in early 2026 and broadcast by China's state-run Hunan TV, according to South Korean local media

** Hopes of China lifting an unofficial ban on Korean culture grow after South Korean President Lee Jae Myung and Chinese President Xi Jinping's meeting in early November

** Broader KOSPI market .KS11 rises 0.27%, while junior tech-heavy KOSDAQ .KQ11 falls 1%, as of 0603 GMT

(Reporting by Jihoon Lee)

((jihoon.lee@thomsonreuters.com))