SK Hynix to List on Nasdaq July 10 in Record $29 Billion ADR Offering by Foreign Firm
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
SK Hynix is listing on the Nasdaq, with the listing date reported as July 10 by some outlets, although one report suggests it has already occurred. The amount to be raised is uncertain, with reports ranging from $26.5 billion to $29 billion. The listing is reportedly a record for a foreign firm and is expected to have significant implications, with some outlets suggesting it could spark a rebound and lead to the launch of related financial products.
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