April 20, 2024

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[THE INVESTOR] FNC Entertainment will start growing in earnest, said Eugene Investment and Securities on Nov. 26. 

It has unveiled girl group Cherry Bullet and a Chinese idol group will debut next year. Its stocks have much room to rise considering its strong lineup of artists. Cherry Bullet has introduced new steps and is already garnering much attention, especially in China, said analyst Han Sang-woong.

From the beginning of this year, its stocks have risen lower than peers, but increasing activity following the debut of new groups, combined with returns of its major artist Jung Yong-hwa, leader of CNBLUE, next year will boost its stocks, said the analyst.

By Hwang You-mee (glamazon@heraldcorp.com)