Published: Aug 31, 2024, 07:25 IST | Updated: Aug 31, 2024, 07:25 IST
The confluence of commerce and culture in South Korea’s K-pop industry took center stage as Hybe, the country’s largest K-pop agency, saw its market value soar after the resignation of Min Hee-jin, CEO of its Sublabel Ador. Hybe’s shares surged nearly 5%, adding about $282 million to its market cap following the news.