SK Hynix to list ADRs as early as July, eyes $66 bn shareholder return
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SK Hynix, a major chipmaker, is planning to list its american depositary receipts (ADRs) on the Nasdaq, with the timing of the listing reported as possibly as early as July, although the exact date is uncertain, with some reports suggesting July 10 and others mentioning August. The company reportedly aims to raise a significant amount of funds through the listing, with amounts ranging from $29 billion to $30 billion or approximately 45 trillion won. The listing is expected to support the company's semiconductor business.
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