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SK Hynix plans to list on US stock market at $166, institutions expect 20% upside.

2026-06-27 19:02:24

Golden Finance reported that on June 26, SK Hynix plans to issue depositary receipts on the Nasdaq Global Select Market at a price of $166 per share, raising approximately $29.4 billion. Institutional analysts believe that U.S. investors buying shares at this price are actually getting a bargain, and they expect its stock price to rise by 20%, narrowing the valuation gap with rival Micron Technology.

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