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SK Hynix's U.S. ADR Issuance Oversubscribed by a Large Margin
5 hour ago /
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Author：小编
According to a report by Cailian Press on July 6, SK Hynix plans to go public by issuing American Depositary Receipts (ADRs), with the fundraising amount adjusted downward from $29 billion to $28 billion. The issuance has been significantly oversubscribed. The company is expected to stop accepting subscriptions at 4 p.m. New York time on July 8, with pricing set for the early afternoon of July 9, and trading of the ADRs is anticipated to commence on July 10.
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