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#SKHynixListsOnNasdaq
This is an absolute milestone moment for the global tech industry and AI trading. SK Hynix has performed exceptionally well, even recently surpassing Samsung to become the highest market-cap listed company in South Korea, largely due to its dominant 60% market share in the supply of High Bandwidth Memory (HBM) chips to NVIDIA.
This Wall Street listing is a direct move to eliminate the "accessibility discount" that non-U.S. tech giants have long faced.
Listing Overview
Expected Ticker SKHY (Nasdaq Global Select Market)
Structure 177.9 million American Depositary Shares (ADS) / American Depositary Receipts (ADR)
Conversion Ratio 10 ADS = 1 ordinary share (representing 17.79 million new shares)
This is an absolute milestone moment for the global tech industry and AI trading. SK Hynix has performed exceptionally well, even recently surpassing Samsung to become the highest market-cap listed company in South Korea, largely due to its dominant 60% market share in the supply of High Bandwidth Memory (HBM) chips to NVIDIA.
This Wall Street listing is a direct move to eliminate the "accessibility discount" that non-U.S. tech giants have long faced.
Listing Overview
Expected Ticker SKHY (Nasdaq Global Select Market)
Structure 177.9 million American Depositary Shares (ADS) / American Depositary Receipts (ADR)
Conversion Ratio 10 ADS = 1 ordinary share (representing 17.79 million new shares)