SK Hynix ADR Trades at 16-51% Premium to Seoul-Listed Shares Since Nasdaq Launch on July 10

SKHY-8.74%
SKHYV-0.98%
According to WSJ senior markets columnist James Mackintosh on July 26, SK Hynix American depositary receipts (ADRs) have traded at a 16-51% premium to the company's Korean-listed shares since beginning trading on Nasdaq on July 10. The substantial premium is driven by limited ADR supply relative to high demand, combined with regulatory restrictions that prevent arbitrage in both directions between U.S. and Korean listings. While trading costs, currency risk, and tax differences may justify a modest premium, Mackintosh noted the current gap far exceeds justified levels, signaling uncontrolled demand for semiconductor stocks in U.S. markets.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments