SK Hynix Targets Up to $24.5 Billion in Nasdaq ADR Listing as Chey Tae-won Rings Opening Bell
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
SK Hynix is listing on the Nasdaq exchange, with reports indicating the company is targeting a raise of up to $24.5 billion. The listing has seen strong demand, with some outlets reporting that orders are approximately 7 times the initial public offering size. The size of the share offering is somewhat unclear, with one report suggesting it could be as high as $28 billion.
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