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SK hynix eyes second-largest foreign listing in U.S. history with $24.5B ADR offering 

세계사회정치생활경제전체IT업데이트 방금 전

AI핵심 요약

6

영화 호프, 북미 예고편 공개

·Topping seven times the shares on offer, SK hynix's ADR listing will test whether the AI memory cycle has more runway.   Global investors placed orders for more than seven times the shares in SK hynix's American depositary receipt (ADR) offering, signaling strong early demand and to serve as a key test of whether the current AI-driven memory supercycle has more room to run.
·“The sale of 177.9 million ADRs has attracted demand from institutional investors, including global long-only funds, technology sector-focused funds, sovereign wealth funds and Asia-focused global investors,” according to Bloomberg.
·Total orders reportedly stand at about $171.5 billion.
·The ADR issuance is equivalent to 17.79 million common shares.
·ADRs are certificates issued by U.S.