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Big Hit Entertainment prepares for its debut on stock market Updated: 2020-09-21 13:21:22 KST

The company behind K-pop superstars BTS is preparing for an initial public offering on the South Korean stock market.
That's Big Hit Entertainment, and they're taking pre-orders from institutional investors this week on Thursday and Friday ahead the IPO in mid-October.
Retail investors will be able to get in two weeks from now on October 5th and 6th.
The company's stock is expected to debut at a price of between 90 and 116 U.S. dollars.
That would give it a market cap of more than four billion dollars and make it one of the 50 biggest companies on the KOSPI.
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