SK Hynix completed its Nasdaq opening bell ceremony on July 10 at the Nasdaq MarketSite in New York’s Times Square and officially began trading on Nasdaq (stock ticker: SKHY). The ADR was priced at $149 per share, raising approximately $26.5 billion (about 40 trillion won), making it the largest-ever IPO by a foreign company in the U.S. to date.
SK Hynix ADR priced at $149 per share, raising about $26.5 billion
According to reports, SK Hynix set the price of its U.S. American Depositary Receipt (ADR) at $149 per share, raising about $26.5 billion (around 40 trillion won), marking the largest IPO by a foreign company in the U.S. to date. Prior to listing, SK Hynix held roadshows with institutional investors in the U.S., Europe, and Asia.
SKHY stock timeline: Trading starts July 10, and the underlying ordinary shares list on July 29 on KOSPI
According to reports, the key dates for SK Hynix’s ADR are as follows:
July 10 (U.S. local time): SKHY stock begins trading on Nasdaq; SK Group and SK Hynix executives ring the opening bell
July 14 (U.S. time): ADR trading settlement is completed
July 29: The underlying ordinary shares are officially listed on the Korea Exchange’s KOSPI market
CEO Kwak Noh-jung: Faced bankruptcy 25 years ago, boldly invested in HBM commercialization
According to reports, during his remarks at the listing ceremony, SK Hynix President and CEO Kwak Noh-jung reflected on the company’s history: 25 years ago, during a downturn in the DRAM market, SK Hynix faced the risk of bankruptcy; in 2011, it partnered with SK Group to usher in a new chapter; and amid uncertainty about the outlook for high-bandwidth memory (HBM), it made a bold investment, eventually becoming the first to commercialize it.
Kwak Noh-jung said, “The U.S. is the center of the artificial intelligence industry, bringing together customers, partners, and talent; where artificial intelligence is, SK Hynix is. We will not let down the trust of our investors and customers, and at the same time support our 48,000 employees in achieving even greater success.”
Frequently Asked Questions
What is the stock ticker and listing exchange for SK Hynix’s ADR?
According to reports, SK Hynix’s Nasdaq stock ticker for its ADR is SKHY. Trading is set to begin on July 10, 2026 (U.S. local time), and settlement is expected to be completed on July 14. The underlying ordinary shares will be listed on the KOSPI market in Korea on July 29.
What is the pricing and fundraising size of SK Hynix’s ADR?
According to reports, SK Hynix priced its ADR at $149 per share. The offering will raise about $26.5 billion (around 40 trillion won), making it the largest IPO ever completed by a foreign company in the U.S.
Which executives attended the Nasdaq opening bell ceremony?
According to reports, the executives attending the Nasdaq opening bell ceremony on July 10, 2026, include: Choi Tae-won, Chairman of SK Group; Choi Jae-won, Vice Chairman of SK Group; and Kwak Noh-jung, President and CEO of SK Hynix.
