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Topic: adr

Computer memory modules
Markets
Friday, 7/10, 04:37 AM

SK Hynix Raises $26.5 Billion in the Biggest-Ever US Listing by a Foreign Company

  • South Korea's SK Hynix priced a record US share sale, raising about $26.5 billion by selling American depositary shares at $149 each ahead of a Nasdaq debut.
  • It is the largest US listing ever by a foreign company, and a sign of how much capital the AI-memory boom now demands, even as the final price came in below the company's initial target.

In brief

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