After the close on July 9, SK hynix completed the final pricing of its ADRs in the US. On July 10, the US stock ADS began trading on Nasdaq under ticker symbol SKHYV before the issuance, and under the regular ticker symbol SKHY. The ADR program is structured as 10 shares of ADR corresponding to 1 share of the underlying common stock. An ADR (American Depositary Receipt) is issued by a depository bank in the US and represents a certain proportion of a non-US company’s common shares, allowing US investors to trade foreign company stocks as if they were buying domestic stocks.