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Hyoyeon says she sold all of her shares in SM Entertainment a long time ago

AKP STAFF
Posted by Susan-Han Thursday, August 12, 2021

During a casual chat and golfing session with singer Kim Jong Min, Girls' Generation's Hyoyeon confessed that she no longer holds any shares in SM Entertainment!

On August 12, Hyoyeon appeared as a guest on the web variety show 'Shaded Terrace'. Hosted by Kim Jong Min, 'Shaded Terrace' invites celebrities from various entertainment fields to hang out at a rooftop mini golf course, catching viewers up on what they've been up to lately.

On this day, Hyoyeon reminisced about being the #1 trainee at SM Entertainment. She said, "Of all of the members in Super Junior and Girls' Generation combined, I was the first trainee to enter SM." 

Kim Jong Min then asked, "Do you want to become a board member at SM, like BoA or Kangta?" Hyoyeon honestly replied, "I'm sure that all of the artists in my generation have thought about these things. When there are company-wide dinners, there are always a select few people who sit next to Lee Soo Man sunsaengnim. Changmin, Kyuhyun, and Minho. When I see them sitting all the way over there, I feel like I have a long ways to go." 

Next, Hyoyeon confessed that she once had some shares in SM Entertainment, but she sold them off long ago! She remarked, "I had some shares. But I have no idea how these things work. I saw that the prices rose a little, and so I sold them all at once like 5 years ago." 

Here, Kim Jong Min checked the latest projected prices of SM Entertainment's shares, which have more than doubled since about 5 years ago. Hyoyeon then responded, "Why didn't anybody tell me?"

  1. Hyoyeon
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    noob-nim
    noob-nim261 pts Thursday, August 12, 2021 6
    Thursday, August 12, 2021

    Back then SM gave all the artist shares. Kangta, BoA, most of Super Junior and SNSD members received 680 shares each (about $27,200 USD - 9 years ago). I wonder if they all sold it off like Hyoyeon.

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    Winston
    Winston9,574 pts Friday, August 13, 2021 0
    Friday, August 13, 2021

    Actually Yoo Jae Suk talk about buying of shares in How Do You Play also, there was a segment where he met fellow investors who dive in to buy shares when it dropped during the panedmic, but there are some who made money while some lost.

    YJS said rather than the price of the share, he look at the company and the CEO (the management) and if he feel the company is doing things right and he understand what they are doing, he will invest.

    like if the company is a tech firm for example and he dunno much about them, then he wont invest because he dunno what direction the tech company is heading and what is in store.

    while its true a lot of tech firms Rose in prices due to more ppl work from home, like ZOOM, some industries may suffer also.

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