SK Hynix Refines U.S. ADR Listing Timeline to June-July; Large-Scale New Share Issuance of Around $10 Billion Likely
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SK Hynix is reportedly planning to list on the Nasdaq, with a refined timeline of June-July for its US ADR listing. The listing may involve a large-scale new share issuance, potentially around $10 billion. The exact details and implications of the listing are still emerging, with some reports suggesting it could be part of a larger $29 billion play, although the specifics of this are unclear.