📱 Breaking: Huge news for SK Hynix! 🚀
The tech giant is launching a massive US IPO on the Nasdaq under the ticker $SKHY! Here is what’s going down:
The Deal: They are offering 17.79M common shares (split into 177.9M American Depositary Shares, meaning 10 ADSs = 1 regular share).
The Valuation: Based on their recent KRX price of ₩2,425,000, the baseline conversion sits at about $1,581.41 per share (or ~$158.14 per ADS).
Market Action: Back home in Seoul, the stock dipped 3.38% today to close at ₩2,343,000.
The "Premium" Story: Even with today's dip in Korea, institutional heavyweights like Coatue and Baillie Gifford are already looking to pour up to $7 billion into this US debut! Because global AI investors are desperate for direct dollar-denominated access to SK Hynix's HBM tech, Wall Street is expecting the US shares to command a solid premium over the local Korea Exchange (KRX) price.
Big moves ahead for AI chip stocks! 💡📊
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- 1PC·07-06 22:13Nice Sharing 😁 @DiAngel @Aqa @Barcode @JC888 @Shyon @koolgal1Report