[SPOTVNEWS=Reporter Gong Mina] YG Entertainment's stock price is on the rise due to the news of the launch of a new girl group, Baby Monster, G-Dragon's comeback, and the return of general producer Yang Hyun-suk.

At 11:25 am on the 2nd, YG Entertainment is trading at 46,900 won, up 3,050 won (6.96%) from the previous trading day. On this day, YG Entertainment's stock price rose 6.16% to 46,550 won, and at one point rose to 49,000 won (11.74%) during the intraday.

YG Plus' share price also soared. YG Plus is trading at 4,680 won at the same time, up 6.12% from the previous trading day.

Compared to the 3-4% declines of Hive, SM, and JYP Entertainment on the same day, YG Entertainment's rise is even more remarkable.

It is analyzed that YG Entertainment's recent announcement of the launch of a new girl group, the return of general producer Yang Hyun-suk, and the comeback of G-Dragon have boosted the stock price.

YG Entertainment announced on the 30th of last month that the new girl group Baby Monster will debut. YG Entertainment's launch of a new girl group is about 7 years since BLACKPINK.

Along with the debut of Baby Monster, Yang Hyun-suk also announced the news of his return as executive producer after 3 years and 6 months. In the introduction video of Baby Monster released on YG's official YouTube channel on the 1st, Yang Hyun-suk appeared with the title of executive producer and said, "A baby with YG genes." I have hopes that it will work," he said.

Big Bang's G-Dragon also raised expectations by announcing the news of his comeback. On the 1st, he announced a vigorous activity plan on YouTube, saying, "I plan to meet you through various activities. I am also preparing an album."