South Korea's BTS announces 'hiatus' to focus on solo projects

News hits agency Hybe's share price while fans promise to wait for band's return

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Members of K-pop boy band BTS say they plan to explore solo projects while taking a break from the group. © Reuters

Nikkei staff writers

NEW YORK -- The members of K-pop boy band BTS have said they are going on a hiatus to focus on solo music careers in an announcement that shocked fans the world over.

The news also hit the band's agency, with shares in Seoul-listed Hybe falling as much as 28% at one point on Wednesday, sinking to their lowest level since the agency made its initial public offering in 2020.

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