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Samsung ADR could spark fresh rerating: KB Securities
The Korea Herald
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With SK hynix shares surging after the chipmaker unveiled plans to list American depositary receipts, Samsung Electronics could see a fresh rerating if it pursues a similar move, KB Securities said Thursday.
Shares of SK hynix have rallied on optimism surrounding its planned Nasdaq ADR listing, briefly overtaking Samsung Electronics earlier this week to become South Korea's most valuable listed company by market capitalization.
Samsung Electronics could also benefit from a US ADR listing, which ...
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