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THAAD leads to a stock price decline for major Korean Entertainment labels?

By jubilantj   Thursday, August 4, 2016   56,211   1,613   119



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The recent deployment of THAAD has not only put a strain on China-Korea relations but also placed downward pressure on the stock prices of the 'Big Three' entertainment labels. 

Recently, many Hallyu stars' Chinese promotions were either delayed or canceled, including Kim Woo Bin and Suzy's Beijing fan meet and Lee Jun Ki's movie premiere event. Though the exact reasons for these delays weren't specified, people speculate that the recent news of THAAD is what led to the delays and cancellations of Hallyu stars' activities. 

SEE ALSO: H1GHR Music's Sik-K releases tracklist for his mixtape 'TRAPART'

The Wall Street Journal, borrowing the words of multiple sources, proposed that the blocking of Hallyu activity is China's retaliation against the decision to deploy THAAD. 

The negative impact of THAAD on Hallyu inevitably carried over to the entertainment labels in Korea, particularly the 'Big Three' which consists of YG, JYP, and SMIn the past week, YG's stock dropped 11.3% while SM and JYP's stocks have dropped over 6% respectively. 

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Caveman13 Tuesday, April 4, 2017

Isn't it shameless of them to condemn a country for putting up defense system when they have Arsenals of Nukes??? What the fuck is with china? they play "might is right" in international politics as much as USA then they go crazy when their neighbouring country put up defense systems like this, just be thankful South Korea isn't arming themselves with nukes when they are capable of doing so...

BigBlueagain Friday, August 5, 2016

Would someone PLEASE get that fucking "From the Shop" piece of shit off my notifications?

4minute_slut BigBlueagain Tuesday, April 4, 2017

Lol same

LordLiar18 Friday, August 5, 2016

I didn't know YG would be affected so much by this. I always have the impression that SM and JYP have more activities in China... Seems i was wrong :s

federick Thursday, August 4, 2016

If only there's a technology who can transfer a country to a different world.

papparazi federick Thursday, August 4, 2016

yes I want to transfer america to another world, they just bring trouble to every country they visit for the name of democracy.

nite0wl (Banned) papparazi Friday, August 5, 2016

This comment has been removed due to violation of our TOS. (Reason: spammer)

Miyullllll  nite0wl (Banned) Sunday, August 7, 2016

don't forget their fans too xD

FBace Thursday, August 4, 2016

China needs to relax a bit. SKOREA/USA dont know when north korea will randomly start firing missles.

crystalyu47 Thursday, August 4, 2016

who cares?   if korea wants to protect itself from crazy north korea, it has the right - china shouldn't take offense

k_kpop_ Thursday, August 4, 2016

China needs to stop with their temper tantrums like damn. How are chinese fans not pissed off.

smokeee Thursday, August 4, 2016

kris is like that guy the government controls in Hunger Games.

papparazi Thursday, August 4, 2016

Except digital sales , yg artist are rarely shown in tv show/ mc/ drama in sk, they seems like living in their own dungeon. In china they currently have some tv show going for ikon and psy, also bb is doing their concert right now. SM may have many artist in china , but they dont keep their artist in dungeon like yg does.

ATA papparazi Thursday, August 4, 2016

KSY and Mino are also in a TV show, Seungri is a host in a TV show and Lee Hi just had a showcase in China

intricate Thursday, August 4, 2016

eventually China will accept that THAAD isn't going anywhere and things will go back to normal... assuming that THAAD actually has anything to do with all this..... but if it does.... then some folks in China sure are petty (not to mention idiotic)....

kongwee intricate Thursday, August 4, 2016

With THAAD, Most of the China is being spy 24/7. The missile is pulling away from Seoul and borders. The missile have to intercept in SK airspace. This is stupid.

intricate kongwee Friday, August 5, 2016

as if they aren't being spied upon 24/7 already....

kongwee intricate Friday, August 5, 2016

Nope. P8 can only reach coast. Satellites can only pass for a short period of time. CPC already know how to distract the satellite.

intricate kongwee Saturday, August 6, 2016

Guess you don't know much about remote surveillance....

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