CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

Three BTS members sell $8.49m of stock in agency Hybe (352820)

By Debabrata Das

09:04, 2 December 2021

BTS posing at the 2017 American Music Awards
BTS at the 2017 American Music Awards - Photo: Shutterstock

Three members of K-pop group BTS sold $8.49m worth of stock they owned in their agency Hybe, before the group won its first American Music Award and sold-out concerts in Los Angeles.

According to a Korean-language filing on Repository of Korea’s Corporate Filings on Thursday, BTS members Jin, J-Hope and RM sold a combined 31,986 stocks of Korea Exchange-listed Hybe for a total of KRW9.95bn ($8.49m) between 13 October and 9 November.

The sales happened before Hybe’s shares hit an all-time high on 16 November and before the group won its first American Music Awards on 21 November.

Sales started by RM

The filings show that the sale of stocks was started by RM, the group’s leader and whose official name is Kim Nam-joon, on 13 October. He sold 10,385 stock worth $2.75m from 13 October to 9 November.


0.62 Price
+2.080% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 22:00 (UTC)
Spread 0.01168


2,049.33 Price
+1.710% 1D Chg, %
Long position overnight fee -0.0192%
Short position overnight fee 0.0110%
Overnight fee time 22:00 (UTC)
Spread 0.50


16,032.40 Price
+0.450% 1D Chg, %
Long position overnight fee -0.0262%
Short position overnight fee 0.0040%
Overnight fee time 22:00 (UTC)
Spread 1.8


38,076.50 Price
+2.730% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 106.00

Jin, whose official name is Kim Seok-jin, sold 16,000 stock worth $4.1m six days after RM on 19 October. Finally, J-Hope, whose official name is Jung Ho-seok, sold 5,601 stock worth $1.57m on 22 October.

Hybe’s founder Bang Si-Hyuk had gifted a total of 478,695 stock or a 1.41% stake divided equally between its seven members. The stake is worth $165m as of Hybe’s share price on Thursday of KRW330,000.

Continue to own stake

Post their stock sale, RM still owns 58,000 stocks in Hybe, while Jin and J-Hope both owns 52,385 and 62,784 stocks in Hybe, respectively.

Read more: K-Pop agency market cap touches bn

Rate this article

The difference between trading assets and CFDs
The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.
Capital Com is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risk.

Still looking for a broker you can trust?

Join the 570.000+ traders worldwide that chose to trade with

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading