Netizens are buzzing with reactions as Min Hee Jin extends an olive branch to HYBE, resulting in a significant surge in HYBE’s stock prices following her remarks at the press conference.
On May 31, CEO Min Hee Jin held a second press conference where she expressed her desire to proceed with NewJeans’ plans without any issues. She stated, “Honestly, I don’t even know who or what this fight is for anymore. I’m tired of blaming and fighting. I want to consider a direction that benefits everyone.”
In response to Min’s gesture of reconciliation, HYBE’s stock, which had dropped by over 5% earlier in the day, experienced a dramatic rebound.
According to the Korea Exchange, HYBE’s stock price fell to 193,200 won by 2:40 PM, down 5.29% from the previous day.
However, after Min extended the olive branch to HYBE during the press conference starting at 2:30 PM, the stock price quickly rebounded to the 200,000 won range by 2:47 PM.
Although it still reflected a 1.96% drop from the previous day, the market’s positive expectations were evident, considering the earlier intraday decline of more than 5%.
Netizens had mixed reactions to Min Hee Jin’s reconciliation offer:
“She’s a real winner.”
“Wow, I can’t believe she’s offering a handshake to that.”
“Very intelligent.”
“Whoa, she’s got a big heart.”
“I mean, she’s something for sure.”
“I would think that the main stockholders would support her.”
“Hm, I wonder why she is suddenly asking to reconcile after going crazy over all this not long ago.”
“Seriously… After exposing all the personal KakaoTalk messages and doing everything possible, now you’re compromising with HYBE?? This is really strange!!”
“The strategy is brilliant, haha. They mess up everything, and when it doesn’t work out, they come up with an amazing cover-up, haha.”
“I think HYBE was just concerned about their stocks.”
“I guess HYBE now has the opportunity to benefit from her again when they can.”
“I can’t believe every word she says has the power of influence on the stocks.”
“How come the masses are so quick to trust one side?”
Source (1)
