SK Hynix ADR Subscription 7x Oversubscribed; U.S. Listing Expected to Raise approximately $24.5 Billion
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The subscription for SK Hynix's american depositary receipts (ADRs) has been oversubscribed by 7 times. The US listing is expected to raise approximately $24.5 billion, although some reports suggest the total could be higher, potentially up to $28 billion. The exact pricing of the offering is not yet clear, with some speculation about the potential price per ADR.
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