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SK Hynix Seeks Earlier US Listing in Jun-Jul w/ Estimated Fundraising Amt of US$10B: Rumor
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South Korea's Herald Business reported on Thursday (16th) that global memory chip giant, SK Hynix (000660.KS), accelerated its US listing plan, aiming to issue American depositary receipt (ADR) in June or July. SK Hynix is preparing for a US roadshow, expected to take place after announcing its 1Q26 results in late April, in order to test market demand. The pace of the ADR listing is unlikely to be affected by short-term share price movements, reflecting SK Hynix's strategic emphasis on entering the US financial market, the report quoted industry insiders as saying. The market is now closely watching the fundraising size, which is estimated to reach US$10 billion. Auto-translated by AI AASTOCKS Financial News |
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