SK Hynix Launches Record $29.4 Billion ADR Offering, Eyes July Listing

SK Hynix launched an American depositary receipt (ADR) offering on June 24, seeking to raise approximately $29.4 billion, which would set a record for ADR issuance size. The company is expected to list as soon as next month, with the proceeds intended to support its memory chip manufacturing and research initiatives amid rising demand from artificial intelligence applications.
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