On July 6, SK Hynix officially launched the marketing process for its U.S. stock listing this Monday, aiming to capitalize on investors' sustained enthusiasm for the memory chip sector and advance its listing in the United States.



According to the filing, SK Hynix plans to sell American Depositary Receipts representing approximately 17.79 million common shares. Based on last Friday's closing price in the Korean market, the offering size is about $28 billion. As a leading supplier of HBM chips, SK Hynix's U.S. listing opens up an efficient financing channel for the company.

According to previously disclosed regulatory documents, SK Hynix expects its American Depositary Receipts to officially begin trading on July 10 (this Friday). Based on the current proposed offering size, this ADR issuance is set to rank among the top three largest new stock offerings in history (the exact amount depends on the exchange rate), potentially rivaling Saudi Aramco's $29.4 billion IPO in 2019.#GT二季度销毁257万枚
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