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Kpop Fans Crash Service Lines of South Korea's $900 Bln Pension Fund ...
Fans sent about 1,500 emails and calls to the National Pension Service, aiming to pressure HYBE after Heeseung's exit from Enhypen temporarily disrupted services.
- On Wednesday, South Korea's National Pension Service reported that overseas fans of the boy band Enhypen temporarily paralyzed its international support center following member Heeseung's departure from the group.
- Kim Sung-joo, chairman and CEO of the National Pension Fund, identified an "erroneous social media post" falsely claiming the agency was HYBE's majority shareholder, which mobilized fans on X to protest the member's removal.
- Although the NPS holds a 7.54% stake in HYBE, Kim stressed the fund "does not get involved in the formation of Kpop groups or member issues" and manages investments across more than 80 countries.
- The surge of about 1,500 emails within two hours prevented foreign residents and Koreans living abroad from accessing pension assistance, prompting Kim to urge fans to cease targeting the agency's support services.
- Fan activism increasingly targets public institutions, echoing last year's campaign when supporters of the group NewJeans flooded South Korea's culture ministry fax machines to protest management decisions.
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15 Articles
15 Articles
Reposted by
The Independent (US)
Furious Kpop fans crash lines for South Korea’s pension fund over member’s exit
The NPS became a target following an ‘erroneous social media post’ that falsely claimed the fund was the majority shareholder of Enhypen's label
·London, United Kingdom
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Total News Sources15
Leaning Left5Leaning Right4Center2Last UpdatedBias Distribution46% Left
Bias Distribution
- 46% of the sources lean Left
46% Left
L 46%
C 18%
R 36%
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