SK Hynix Nasdaq Listing
SK Hynix lists ADRs on Nasdaq in a massive capital raise, initially lifting global indices before shares plunge 15% and sparking debate over won stabilization.
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- MARKETSouth Korean won strengthens as foreign buying supports local equities
Currency gains reflect sustained risk-on sentiment in Seoul, aligning with analyst projections for further appreciation toward the 1,450 level in the second half of the year.
Yonhap - MARKETSK Hynix Nasdaq debut lifts Nasdaq and AEX to record highs
The memory chipmaker's US listing fuels a broad rally in tech and European equities, extending the AI-driven momentum that has defined recent trading sessions.
Telegraaf - MARKED000660.KS (000660.KS)
▼ 9.50% close $1830000.00 from $2022000.00
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▼ 3.45% close $336.00 from $348.00
- MARKETSK Hynix ADRs plunge 15% on Nasdaq debut, erasing earlier gains
The memory chipmaker's US-listed shares tumbled shortly after trading began, casting doubt on the appetite for AI hardware equities in the current market regime.
Nzz - MARKED000660.KS (000660.KS)
▲ 4.17% close $2022000.00 from $1941000.00
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▼ 16.95% close $1828000.00 from $2201000.00
- MARKETSK Hynix ADRs plunge 15.4% on Nasdaq, erasing debut gains
The sharp reversal follows a 13% jump on the memory chipmaker's US listing debut, highlighting volatility in the $26.5 billion offering.
Naftemporiki - MARKED000660.KS (000660.KS)
▲ 11.31% close $2254000.00 from $2025000.00
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▼ 3.18% close $2347000.00 from $2424000.00
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▲ 8.80% close $2424000.00 from $2228000.00
- MARKETSK hynix Nasdaq debut sparks debate over won stabilization
The memory chipmaker's $29.4 billion ADR offering aims to bolster foreign currency reserves, but questions remain on whether the influx will meaningfully support the struggling won.
The Korea Herald (Business) - MARKED000660.KS (000660.KS)
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▼ 8.13% close $2700000.00 from $2939000.00
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▲ 10.78% close $2939000.00 from $2653000.00
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▼ 4.51% close $339.00 from $355.00
- MARKED000660.KS (000660.KS)
▲ 3.27% close $2653000.00 from $2569000.00
- UPDATESK Hynix to list ADRs on Nasdaq in $29.4 billion capital raise
The South Korean memory chipmaker's move to the US market signals a major push for liquidity and visibility as it funds aggressive AI-driven expansion.
MarketWatch