The premium of SK Hynix ADR over its South Korean ordinary shares approaches 50%
1 week ago / Read about 0 minute
Author:小编   

After three days of listing, the premium of SK Hynix ADR over its South Korean-listed shares rose to approximately 46%, far exceeding the 3% at the time of issuance. The previous day, affected by the sell-off in the South Korean stock market, its ADR plummeted by over 9% during the US stock trading session, but rebounded by up to 23% on Tuesday. On the same day, its ADR options began trading on US options exchanges, facilitating operations for traders, with each ADR equivalent to one-tenth of an ordinary share.