SK Hynix Makes History with $29 Billion ADR Listing on NASDAQ on the 10th, the Largest Ever by a Foreign Company
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Author:小编   

According to reports, SK Hynix is set to list American Depositary Receipts (ADRs) valued at roughly KRW 44 trillion on NASDAQ, a move that could potentially break the record for the largest-ever listing by a foreign company in the United States. Upon listing, SK Hynix will commence trading on the formal U.S. market and is anticipated to be included in prominent indices such as the NASDAQ-100. This inclusion is expected to draw inflows from Exchange-Traded Fund (ETF) assets that track these indices. Nevertheless, some observers have voiced concerns over the swift surge in the AI memory semiconductor sector, hinting at possible overheating risks. As leading tech firms tap into bond and stock markets to raise funds for data center investments, apprehensions are mounting in the market regarding the memory industry's ability to maintain its current prosperity.