Shares in firm behind South Korean hit BTS soar in trading debut

Livestreamed BTS concerts have reportedly attracted more than 1.7 million fans (Ahn Young-joon/AP)

Shares of South Korea’s Big Hit Entertainment, the company that manages global pop sensation BTS, have soared in their trading debut in Seoul.

Big Hit’s solid debut on Thursday after an IPO that netted more than 800 million dollars (£615m) was widely expected by analysts given the loyalty of the fan base for the seven-member boy band that has been dominating Billboard charts after gathering a huge following around the globe.