K-Pop Stocks Sink Amid Drug Probe Into G-Dragon, ‘Parasite’ Star
- Yonhap says G-Dragon was booked by police on alleged drug use
- Hybe drops as much as 12%, SM Entertainent falls about 7%
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The flagging rally in K-pop stocks is facing a new headwind from concerns over recent police investigations into drug use by Korean celebrities.
Kwon Ji Yong — better known as G-Dragon, leader of the popular music group BigBang — was arrested by police for allegedly using illegal drugs, according to Yonhap News.