SK hynix ADR listing could attract W7tr in passive inflows: Mirae Asset

SK hynix's plan to begin trading American depositary receipts on the Nasdaq could lift its valuation to a new level, attracting an estimated 7 trillion won ($4.5 billion) in passive fund inflows, according to Mirae Asset Global Investments.

"While SK hynix has long traded at a valuation discount due to its limited access to global investors, an ADR listing would significantly improve its accessibility to US institutional investors and passive funds," Jung Ui-hyeon, head of ETF management at Mira ...