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SK hynix Heads for Nasdaq With About $28B Listing, Demand 7x Supply

  • Infra & Chips
  • Funding & M&A

South Korean memory giant SK hynix Inc. is moving ahead with an ADR (American Depositary Receipts) listing on Nasdaq. The offering is sized at roughly $28 billion, with institutional demand reported to exceed supply by more than seven times, poised to be one of the largest-ever US listings by a foreign company.

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