YG PLUS Stock Soars 39.7% Driven by New Song Plans...BLACKPINK’s November Comeback Approaches

YG Entertainment is entering a period of performance growth thanks to the expansion of new businesses in the second half of the year and BLACKPINK’s resumption of musical activities. Just five trading days after an investment report on YG PLUS was released last week, its stock price rose by 39.7%, securing the highest weekly gain rate. Choi Min-ha, a researcher at Samsung Securities, stated in her analysis report on YG PLUS that “the company has entered a phase of significant performance growth due to the distribution of albums and music tracks across various labels, along with BLACKPINK’s merchandise and new song releases in the second half of the year. Additionally, the expansion of new businesses such as official merchandise stores and K-POP specialty websites is further boosting growth momentum.” Yang Hyun-suk, the chief producer at YG Entertainment, mentioned a specific release date for BLACKPINK’s full-group album through the company’s official YouTube channel. He expressed internally that it would be ideal for BLACKPINK’s new album to come out by November at the latest, adding that the members and their producers are currently working hard on it. Industry experts predict that BLACKPINK’s release of new songs will become a major driver of performance for YG PLUS. BLACKPINK is currently touring around the world, and fans’ anticipation for the group’s full-group album release is increasing significantly.