SK Hynix ADR Listing Aftermath: Local Shares Plunge 15%, ADR Tumbles 9%
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
SK Hynix's american depositary receipt (adr) listing has been followed by a decline in its shares. The company's local shares have plunged and its adr has also tumbled, with some outlets reporting significant volatility in related stocks and exchange-traded funds. The decline is part of a broader trend that has seen south korean stocks plunge in recent weeks, with some comparisons being made to a past market crash in china.
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