K-Pop’s Prospects Brighten As Investors Return to China

K-Pop prospects shine from Seoul and Beijing, signing a content exchange deal, allowing South Korean entertainment to re-enter the Chinese market.

On Saturday, the South Korean national team entered Media exchange and cooperation agreement There is a Chinese media group with a Chinese state-owned media company. CMG includes state media enterprises such as China Central Television and is directly controlled by the Chinese Communist Party.

Shares of SM Entertainment are up 8.11%, and JYP Entertainment is up 9.39%. YG Entertainment and Hybe were up 4% and 3% on the day. Once the shares are created.

KBS said the agreement “Not only in news and sports, but also cultural exchanges”, including “Muzyka Bank” of JSC “Muzyka Bank”, which owns K-Pop artists when they release new music.

Jang-Beom, president of the KPC “I think it’s also meaningful for us to achieve success that allows the entire Korean circuit to fully prepare for the Chinese market in advance,” he said.

It is South Korean President Lee Jae-myung and Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation, or APEC, SIMPIT Write Lee on Facebook The summit was “very important for the full restoration of Korea-China relations.”

K-Pop’s return to China in 2016 may be labeled a “soft ban” on K-Pop in China, as South Korea’s “Soft Ban” on K-Pop in 2016 is also known for its high-altitude defense system, as well as its soil.

The CMG plans to expand its cooperation with the CMG at next year’s APEC summit in Shenzhen, the network said.

Also in the local media Partnership announced Help revive the “Korea-China Song Festival”, which was held from 1999 to 2016 and saw the wife of Chinese President Xi Jinping at the festival in 2006.

К-поп-поп-поп-поп-поп-поп-поп-поп-пьесалар болған кезде, фанаттар жиналыстары және жеке мүшелердің көрінісі, концерттер, концерттер, концерттер немесе ауқымды іс-шаралар, олар Майлау немесе Гонконгта топтар топтарын тоқтатпады.

Since 2006, KOREALAND’S MANDATORY CONCESSIONARIES OF CORELLOGL, CORELLOGL, CORELLOGL, CORELLOGG, CORRANDIA CONCESSIONARIES WILL BE MANDATORY, There was a performance in Fuzhou, China in May, but the show was “postponed due to local circumstances”. to the South Korean media.

Mainland China, Hong Kong and Taiwan were among the second largest export markets for exports in 2023 despite the “Soft Ban”, “Soft Ban”, “Soft Ban”. Report by Korea Creative Content Agency Published in July. They accounted for 26.1% of music exports from South Korea in 2023, which is 319.58 million. Made up dollars.

The music export market of Japan, South Korea is the largest export market, including 35.1% export share, 429.08 million in 2023. There are dollar exports.

Appropriate 2025 foreign survey China’s rating of South Korea was 73.5%, higher than the survey’s high level, published by the Korea Korea Foundation.

Hallyu or the Korean wave refers to the spread of South Korean composition in the world. The survey also noted that interest in Halu’s lineup in China has not waned, despite restrictions on direct distribution of Korean content.

“Overall, Chinese consumers’ interest in and consumption of Korean cultural content continues to grow, and there is considerable potential for Korean content to have economic and cultural impact in the future,” he added.

The survey also vindicated the Chinese government’s announcement of policies aimed at attracting foreign investment and easing regulations, as expected to ease the Halu ban.

So far this year, Morgan Stanley notes that the rally in K-Pop stocks has largely been driven by investors’ expectations of China opening up its market to K-Pop artists.

– CNBC’s Blair Baek contributed to this report.