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SK Hynix Reportedly Plans to List in US via ADR to Raise at Least KRW10T for AI Infra
SK Hynix (HXSCF.US) is in pursuit of listing in the US in the form of American Depositary Receipts (ADRs) to pool funds of KRW10-15 trillion, Bloomberg reported. The funds will be ...
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SK Hynix Reportedly Plans to List in US via ADR to Raise at Least KRW10T for AI Infra
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SK Hynix (HXSCF.US)      is in pursuit of listing in the US in the form of American Depositary Receipts (ADRs) to pool funds of KRW10-15 trillion, Bloomberg reported.

The funds will be used for building AI infrastructure in South Korea, such as semiconductor industrial parks, and expanding memory production capacity.

Related News Hana Securities Raises SK Hynix TP to 1.6M Won, Sharply Lifts Earnings Forecast; Buy Maintained
An SK Hynix spokesperson responded that the company is reviewing various measures to raise shareholder value, including issuing ADRs, while no decisions have been finalized yet.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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