SK hynix (KOSE:A000660) Approves $29.4 Billion Share Issue And Nasdaq ADR Listing

SK hynix (KOSE:A000660) board has approved a new share issue and listing of the shares on the Korea Exchange. The company also plans a new American Depositary Receipt listing on the Nasdaq Global Select Market in the United States. The moves are paired with a planned US$29.4b follow on equity offering, including new American Depositary Shares for US investors. SK hynix is a major global memory and semiconductor company, supplying products used in data centers, consumer electronics, and AI...