As BTS’ Jin gears up for his stellar comeback from military service next week, anticipation has sent fans into a frenzy. What’s more, this fab return has also given a notable boost to HYBE’s share price. After a slight dip, YBE stocks climbed to close at 200,500 won on June 3, marking a 0.25% increase. This pickup is linked to the hype surrounding Jin’s discharge from the military on June 12. The result? A commotion between fans and investors alike.
[NEWS] K-Media reports that HYBE's stock price closed higher on the 3rd.
"It ended the day at 205,000 KRW, up 0.25% from previous day. This increase in stock price appears to be due to the news that BTS's member Jin will complete his military service & be discharged on 12th." pic.twitter.com/BNRWopdtix
— JIN PRINT (@theJINPRlNT) June 3, 2024
The excitement began to rise three days ago, as Jin’s special “Hug Fairy” was announced. This event will be part of the BTS Festa, which celebrates the group’s anniversary. In this special, a thousand fans will get a light hug or handshake from Jin. But surprises don’t stop there! Adding to the hype, the animated character Wootteo, from Jin’s pre-enlistment single “The Astronaut,” reappeared on social media, counting down the days to Jin’s return.
South Korean financial analysts are closely watching the impact of Jin’s return on HYBE’s market performance, as it seems that the idol’s star power extends beyond the music into major monetary moves. One thing’s for sure: as the countdown for Jin’s return gets shorter, both the financial markets and music lovers are loving this era.
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