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SK Hynix $SKHYV $SKHY made history by raising $26.5 billion in its IPO, surpassing Alibaba's $BABA 2014 record of $25 billion.
The funds will be used to finance the Yongin semiconductor cluster and a $4 billion advanced packaging facility in the US.
The 14% jump on the first day pushed the company's market value above $1.2 trillion.