Over 7 times oversubscribed! $SKHYNIX ADR listing countdown!



Guys, big news from SK Hynix — US IPO receives over 7 times oversubscription, ADR pricing imminent!

News:
Hynix ADR issuance attracts global long-term investment funds, technology-themed funds, sovereign wealth funds and other institutions scrambling to buy, with oversubscription exceeding 7 times. This issuance is 17.79 billion ADRs, each representing one-tenth of a common share. Based on Wednesday's closing price of 2.08M Korean won, the fundraising scale is about $24.5 billion. Bank of America, Citigroup, Goldman Sachs, and JPMorgan jointly underwrite, a star-studded lineup. Korean stocks stabilized and rebounded 0.64% today, with panic sentiment fading.

Technicals:
Currently MACD is positive at 2.50, momentum continues to recover. Upper resistance 1550-1600, lower support 1400-1420, strong support 1322.

Gongming's view:
Over 7 times subscription proves the high recognition of Hynix's leading position in AI storage by international capital. The ADR listing is a short-term catalyst, while the medium-to-long-term HBM demand logic remains unchanged.

Operation strategy:
Conservative: wait for a pullback to around 1440-1450 to go long. Aggressive: go long at current price around 1460-1470.

Good assets never lack buyers; what's lacking is the courage to reach out when they fall.

#美终止对伊朗石油制裁豁免 #SK海力士ADR获超额认购
SKHYNIX3.26%
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