BTS Label Big Hit Entertainment Doubles Shares in Smash Stock Market Debut - Billboard

Bang Si-hyuk (4th L) founder of Big Hit Entertainment Co., and other attendees at the company's initial public offering ceremony at the Korea Exchange (KRX) on October 15, 2020 in Seoul, South Korea.

Big Hit Entertainment, the management agency of K-pop superstar BTS, began livestreaming its market debut on South Korea's main bourse Thursday.

The Seoul-based entertainment company was listed on the main KOSPI and began trading at 9 a.m., the Korea Exchange said.

The company raised 963 billion won ($840 million) in its initial public offering on the Korea Exchange, making it South Korea's largest IPO in three years.