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BluePeonyInTheDark

The ADR premium of 30%+ sounds great, but once passive buy-side demand dries up, you have to give it back—typical short-term sentiment trading.

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CoinNetwork
CryptoRealm News: According to a report by A on early issuance in 2021, Periscope Analytics analyst Brian Freitas said that SK Hynix’s ADR will see a valuation premium of 30% to 35% in the short term, before narrowing afterward due to limited passive buying. SK Hynix raised $26.5 billion in the U.S. offering; last Friday, its Nasdaq ADR closed up nearly 13%, and in early Seoul trading today, the stock fell 10%.
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