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SK Hynix ADRs Surge 14% After Record $26.5 Billion US Offering

SK Hynix ADRs Surge 14% After Record $26.5 Billion US Offering

Published 3 months, 2 weeks ago
Description

SK Group Chairman Chey Tae-won joins Bloomberg's Ed Ludlow to discuss SK Hynix's public listing. SK Hynix Inc.’s American depositary receipts surged 14% above their offering price, after the South Korean memory chipmaker raised $26.5 billion in the largest-ever US listing by a foreign company.

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