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SK Hynix Nasdaq Debut

4 countries ๐Ÿ‡น๐Ÿ‡ท ๐Ÿ‡ฐ๐Ÿ‡ท ๐Ÿ‡จ๐Ÿ‡ญ ๐Ÿ‡ธ๐Ÿ‡ฌ Economy & Trade

10 articles from 4 countries

SK Hynix's American Depositary Receipts (ADRs) surged on their Nasdaq debut, closing 13% above their offering price and raising approximately $26.5 billion to $30 billion. The listing occurred amidst broader market gains, despite rising U.S.-Iran tensions.

๐Ÿ‡น๐Ÿ‡ท Turkey/Turkish NEW

SK Hynix debuts on Nasdaq with record-setting IPO

- South Korean chipmaker SK Hynix launched its American Depositary Receipts (ADRs) on the Nasdaq under the temporary code "SKHYV", opening at $170. - The listing marks a significant entry into Wall Street for the already publicly traded company in South Korea, raising approximately $26.5 billion. - SK Hynix plans to use the IPO proceeds to boost production capacity, establish new AI infrastructureโ€ฆ