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SK Hynix ADRs Begin Trading on Nasdaq After $26.5 Billion Offering

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2026-07-10 16:08:17
SK Hynix’s American depositary receipts (ADRs) began trading on Nasdaq on Friday after being priced at $149 per ADR on Thursday, raising about $26.5 billion, according to Ming Pao.

The ADRs opened at $170 on Friday, up 14% from the offering price. Compared with SK Hynix’s Korea-listed shares, which closed at 2.18 million won on Friday (about $1,450 per ADR, with each ADR representing 0.1 ordinary share), the ADRs traded at a 17% premium.
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