K-pop shop aims for smash hit IPO

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By Jonathan Breen
10 Aug 2020

South Korea’s Big Hit Entertainment, manager of K-pop boy band BTS, has won early-stage approval for its IPO.

The company applied for a preliminary review of its IPO in late May. Korean stock market operator Korea Exchange announced on August 7 that it had completed the review and approved the listing.

Big Hit is floating on the country’s main board, the Kospi, and will launch ...

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