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SK hynix opens Nasdaq chapter with record $26.5b offering
The Korea Herald
SK hynix marked its entry into the US stock market Friday with an opening-bell ceremony at Nasdaq, opening a new channel to global investors after completing a record $26.5 billion share offering.
SK Group Chairman Chey Tae-won, SK hynix CEO Kwak Noh-jung and other senior executives attended the event at the Nasdaq MarketSite in New York’s Times Square.
The company said its American depositary receipts began trading on a when-issued basis under the temporary ticker SKHYV.
The first transaction p ...
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