Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
[New Stock IPO] SK Hynix reportedly introduces 3 cornerstone investors, collectively subscribing $7 billion; $28.2 billion US listing plan expected to become the world's third-largest IPO
South Korean memory chip giant SK Hynix (SK Hynix, KR: 000660) launched its U.S.-listed plan of approximately $28.2 billion (about HK$220 billion) on Monday. It is expected to begin trading on Friday (the 10th) on Nasdaq, positioning itself to become the largest overseas company initial public offering (IPO) in U.S. history. The stock ticker is “SKHY”.
Foreign media reports that SK Hynix has introduced three cornerstone investors: Baillie Gifford, Coatue Management, and Situational Awareness Partners, with a total subscription of $7 billion in shares.
According to documents filed by the company with the U.S. Securities and Exchange Commission, SK Hynix will issue 17.79 million American Depositary Receipts (ADRs), targeting $28.21 billion in fundraising. This will place it among the global tech stocks with the highest market valuations; every 10 ADRs represent 1 ordinary share. The group’s U.S. listing will be the third-largest IPO of all time, after SpaceX (US: SPCX) set a record of $87.5 billion last month, and Saudi Aramco’s $29.4 billion.
SK Hynix Roadshow This Week, Pricing on Thursday
Benefiting from strong market demand for artificial intelligence (AI), SK Hynix has gained approximately 273% year-to-date this year, significantly outperforming its main competitors Samsung Electronics (KR: 005930) and Micron (US: MU).
The regulatory filings indicate that SK Hynix will conduct roadshows this week, with pricing on Thursday, and start trading on Friday. SK Hynix said last week that it will invest 100 trillion Korean won to build new chip factories, including a NAND plant.