SK Hynix Aims for $149 US Listing Price Despite Volatility, Largest Foreign IPO in US History
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SK Hynix is reportedly aiming to list its shares in the US at a price of $149. The listing is expected to raise around $26.5 billion, which would make it the largest foreign IPO in US history. There is said to be strong demand for the shares, with some reports indicating investor interest of $7 billion, although the pricing may represent a premium over the company's current stock price on the Korean exchange.
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