Odaily Planet Daily News According to sources, the USD/KRW forward market has seen dollar selling related to the ADR listing of SK Hynix. (Jin Shi)
Odaily Planet Daily News: SK Hynix is expected to list and trade on the Nasdaq Global Select Market on July 10, initially using a pre-issuance trading model under the ticker symbol SKHYV. The ticker symbol is expected to change to SKHY on July 13, with trading transitioning to the regular mode. The settlement date for all pre-issuance trades is expected to be July 14.
Odaily Planet Daily News South Korean memory chip giant SK Hynix plans to list on the Nasdaq this Friday, becoming another highly anticipated major tech company to go public in the U.S. following SpaceX. It is reported that SK Hynix plans to raise approximately $28 billion through the issuance of American Depositary Receipts (ADRs). As one of Nvidia's key suppliers, SK Hynix primarily produces High Bandwidth Memory (HBM), DRAM, and NAND flash products, and its business is benefiting from the growing demand for storage driven by the expansion of AI infrastructure.
Market analysts believe that SK Hynix's U.S. listing will serve as an important test of investor interest in the next wave of AI technology IPOs. Over the past 12 months, its shares listed in South Korea have accumulated gains of approximately 770%, outpacing the roughly 700% rise of rival Micron Technology over the same period. SK Hynix's listing reflects that the investment fervor in the AI industry chain is spreading from large-scale models and computing chips to storage and the broader semiconductor supply chain. The market expects that the second half of 2026 may see a wave of large-scale listings from more AI and technology companies. (Fortune)
Odaily星球日報訊 SK 海力士美股上市路演 PPT 曝光，據悉 Baillie Gifford Overseas Limited、Coatue Management 及 Situational Awareness Partners 已分別（而非共同）表示有意按首次公開發行價格，認購總額最高達 70 億美元的本次發行中的美國存託股份（ADS）。
根據披露資訊，SK 海力士本次上市動機為估值重估與資本擴張的雙重訴求，其長期以來面臨估值折價困境當前以未來 12 個月預期市盈率 6.2 倍交易，低於美光科技的 7 倍；以預期市銷率衡量，3.6 倍同樣低於美光的 4.6 倍，估值差距的根本原因在於美國投資者直接投資韓國股票存在障礙，同時募集資金將投入韓國本土產能擴建，包括 45.5 萬億韓元的資本支出和 11.9 萬億韓元的 EUV 光刻機採購。（leinews）
