reuters
SK Hynix Says To Raise 43 Trln Won In ADR Listing
SK Hynix Inc KRX:000660:
Taiwan's Unimicron seeks $1.4 billion from depositary share sale as chip firms tap AI boom
By Yantoultra NguiTaiwan's Unimicron Technology TWSE:3037 plans to raise about $1.4 billion from a global share sale to buy raw materials priced in foreign currencies, according to a term sheet seen by Reuters on Monday.Unimicron is offering 50 million global depositary shares at $26.96 to $27.76 e…
South Korean shares end lower as SK Hynix falls ahead of US listing
Round-up of South Korean financial markets:** South Korean shares closed lower on Monday, as chipmaker SK Hynix fell ahead of its listing of $29 billion American depositary receipts on the Nasdaq.** The benchmark KOSPI KRX:KOSPI closed down 37.01 points, or 0.46%, at 8,051.33.** SK Hynix KRX:000660…
South Korea's SK Hynix launching $28 billion US listing to ride global AI wave
South Korean chipmaker SK Hynix KRX:000660 will launch a U.S. listing on Monday to raise about $28 billion, according to regulatory filings, as it capitalises on the global artificial intelligence boom with one of the world's largest new share sales.The company will sell 17.79 million new shares in…
South Korea shares drop on chip stocks valuation uncertainties
Round-up of South Korean financial markets:** South Korean shares fell on Monday, as technology shares lost momentum, with chipmaker SK Hynix preparing to list $29 billion American depositary receipts on the Nasdaq. The won weakened, while the benchmark bond yield fell.** The benchmark KOSPI KRX:KO…
binance_news
SK Hynix Seeks Valuation Boost in $29 Billion US Listing
SK Hynix Inc.’s planned $29 billion US stock-market listing may help lift its valuation and strengthen its ability to compete globally in memory chips used for AI computing, according to Bloomberg.The move is part of the company’s strategy to position itself in the global market for AI-related memo…
reuters
SK Hynix considering 0.5% fee payout in ADR offering, Bloomberg News reports
SK Hynix KRX:000660 is considering paying about 0.5% of the proceeds from its U.S. listing to banks working on the deal, Bloomberg News reported on Saturday citing people familiar with the matter.
Korea Stocks Rebound 5.8% as Samsung, SK Hynix Jump
South Korean stocks staged a sharp rebound Friday as investors moved back into the market following a nearly 10% drop over the previous two sessions. The Kospi Index gained 5.8%, helped by strong rallies in Samsung Electronics (SSNLF) and SK Hynix (HXSCL), which both rose more than 8%. The move cam…