SK Hynix US Listing Oversubscribed 7x Despite KOSPI Bear Market Dip
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SK Hynix's US listing has been oversubscribed, with demand reportedly seven times higher than available shares. The listing is valued at $28 billion and is set to be listed on Nasdaq. The strong interest in the listing appears to be unaffected by the current bear market on the KOSPI, with SK Hynix's shares surging along with those of other tech companies like Kioxia.
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