Netizens are abuzz as Min Hee Jin offers HYBE a truce, leading to a surge in HYBE's stock following her remarks at the press conference.

On May 31, CEO Min Hee Jin held a second press conference where she extended an olive branch to HYBE. She stated, "I only wish to proceed with the plans I had for NewJeans without any issues. HYBE will also hear this press conference, and I hope a compromise can be reached. Honestly, I don't even know who or what this fight is for anymore. I'm tired and sick of blaming and fighting. I want to consider a direction that benefits everyone."

Following Min's gesture of reconciliation, HYBE's stock, which had dropped by over 5% earlier in the day, surged dramatically.

According to the Korea Exchange, HYBE's stock price fell to 193,200 won by 2:40 PM, down 5.29% from the previous day. However, after Min extended an olive branch to HYBE at the press conference starting at 2:30 PM, the stock price quickly rebounded to the 200,000 won range by 2:47 PM. Although it still reflected a 1.96% drop from the previous day, the market's positive expectations were evident given the earlier intraday decline of more than 5%.

Some netizens applauded Min Hee Jin for her gesture of reconciliation, with a mix of awe:

"She's a real winner." 

"Wow, I can't believe she's offering a handshake to that." 

"Very intelligent." 

"Whoa, she's got a big heart." 

"I mean, she's something for sure." 

"I would think that the main stockholders would support her."

However, others remained skeptical or neutral, speculating whether other unknown compromises occurred between her and HYBE. 

They commented:

"Hm, I wonder why she is suddenly asking to reconcile after going crazy over all this not long ago." 

"Seriously... After exposing all the personal KakaoTalk messages and doing everything possible, now you're compromising with HYBE?? This is really strange!!" 

"The strategy is brilliant, haha. They mess up everything, and when it doesn't work out, they come up with an amazing cover-up, haha." 
"I think HYBE was just concerned about their stocks."

"I guess HYBE now has the opportunity to benefit from her again when they can."

"I can't believe every word she says has the power of influence on the stocks."
"How come the masses are so quick to trust one side?"

What are your thoughts?

SEE ALSO: Netizens react to Weverse Magazine trying to distance itself from HYBE's leaked documents