SK Hynix Launches Roughly $28B ADR Listing on Nasdaq

South Korea's SK Hynix, the world's No. 2 memory maker, has formally launched a U.S. depositary receipt (ADR) offering on Nasdaq, aiming to raise about $28 billion (43 trillion won). The company will sell 17.79 million new shares in ADR form, with trading expected to begin around July 10 under the ticker "SKHY," giving U.S. investors their first meaningful access to a memory maker riding the AI boom. Offering details