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#Get2SharesOfSKHynixAtZeroCost
💾 SK Hynix is going to be listed on Nasdaq in 11 days. Its a big deal. The company is selling shares on Nasdaq at $166 each. A bank called HSBC says it's worth 20% more than that.
* You can buy SK Hynix shares now through Gate, a platform that lets you trade stocks.
Today is Monday, June 29. The SK Hynix share listing on Nasdaq is happening on July 10. This will be the share sale on Nasdaq ever with up to $29.4 billion being raised.
The shares will be managed by banks like Bank of America and Goldman Sachs. All the money raised will go into building factories and equipment.
HSBC thinks SK Hynix shares will do well. They say the company is undervalued compared to a company called Micron. This is because its hard for people in the US to buy shares in companies.
When SK Hynix lists on Nasdaq it will be easier for people to buy shares. SK Hynix is a leader in a type of computer memory called HBM. They have 58% of the market which's more than big companies like Samsung and Micron.
SK Hynix is also working on types of computer memory, like DDR5. This shows that the company is confident in its ability to make high-quality memory chips.
The company is doing well with profits of 72% in the quarter of 2024. Big tech companies like Nvidia, Microsoft and Apple are customers.
The Korean stock market is a bit unstable now but SK Hynix is holding up well. When it lists on Nasdaq it will be included in a stock index, which means that people who invest in that index will have to buy SK Hynix shares.
* You can buy SK Hynix shares now through Gate using a type of money called USDT.
* The time, between now. July 10 is a good chance to buy SK Hynix shares before they list on Nasdaq.
So are you going to buy SK Hynix shares wait until they list on Nasdaq or not invest at all?
#GateSquare #GateStocks