South Korean entertainment stocks drop on China's unofficial ban on Korean culture
South Korean entertainment stocks drop on China's unofficial ban on Korean culture
K-Pop agency HYBE 352820.KS falls 3%, SM Entertainment 041510.KQ drops 9%, JYP Entertainment 035900.KQ loses 6% and YG Entertainment 122870.KQ declines 6%
Film producer CJ ENM 035760.KQ falls 4%
It will take some time to see Beijing lift an unofficial ban on Korean culture, South Korea's presidential chief of staff says in a radio interview
South Korean President Lee Jae Myung is on a state visit to China and is due to hold summit talks with Chinese President Xi Jinping later in the day, with the agenda expected to include cultural exchanges
Shares of companies with high exposure to business in China also fall, including beauty makers, game developers and travel agencies, after a rally last week
The broader KOSPI market .KS11 up 2.5%, hits record high; the tech-heavy KOSDAQ .KQ11 up 0.8%, as 0f 0202 GMT
Related Articles
Tesla Stock Outlook: Competing With Rivian, Robotaxi Potential, and 2026 Prospects
There is much conversation about the prospect of investing in Tesla (TSLA) as we move closer to 2026. The volatility of its share price in 2025 is leading many investors to consider if they should purchase shares of Tesla given the alternatives available in terms of electric vehicles (Rivian, etc.).
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
Is Bitcoin’s Four-Year Cycle Dead in 2026?
Is the Bitcoin 4-year cycle dead? After 2025 broke historical records with a red post-halving year, institutional analysts explore if the Bitcoin price has decoupled from the halving countdown. Analyze the impact of spot ETFs, global liquidity, and the roadmap to the 2028 halving in this 2026 market
