K-Pop Shares Become Victim of China-Korea Missile spat (http://iservice.ltn.com.tw/Service/english/english.php?engno=1026315&day=2016-08-28)

Main idea of news story and details SM Entertainment Co., known for groups such as ’Girls Generation’, closed down 5.3 percent, while YG Entertainment Corp., home to Psy of ’Gangnam Style’ fame, fell 8 percent. The shares dropped amid speculation China will regulate South Korean content as relations worsen due to a plan to deploy the Terminal High-Altitude Area Defense, or Thaad, anti-missile system with the U.S., said Lim Min Kyu, a Seoul-based analyst at Hyundai Securities Co. "Although it isn’t confirmed, there seems to be uncertainty among investors," said Hyun Choi, the head of equities at Baring Asset Management Korea Ltd. in Seoul. "South Korean entertainment companies are mostly relying on businesses in China, and if they can’t do a large-scale concert or show, it would be a problem for them." The so-called Korean Wave of popular culture that spans drama, pop music, fashion and cosmetics is an increasingly important part of an economy that generates around half of its gross domestic product from exports. The country’s consumer shares have already been hurt by deteriorating relations over Thaad amid speculation the flow of Chinese tourists to Seoul department stores will be affected. China’s State Administration of Press, Publication, Radio, Film and Television is inclined to limit South Korean artists in conducting entertainment activities in China, according to a report Monday on news portal Sina.com that cited unidentified industry sources.

My reaction I think U.S. and China’s relations are bad,so South Korean plan to deploy the Terminal High-Altitude Area Defense with the U.S. cause relations worsen. China is South Korea's leading exporter,so China regulates South Korean content that cause have been hurt by South Korean.

Conclusion Do anything to take into account the results