SK Hynix’s Offering Attracts $7B Interest From Investment Firms – This Investor Believes Demand Will ‘Remain Relatively Robust’
South Korean chipmaker SK Hynix (SKHY) has kicked off a massive U.S. share sale worth about $28.1 billion, taking a major step toward its Nasdaq Global Select Market debut.According to an SEC filing on Monday, the company plans to issue up to 177.9 million American depositary shares (ADSs).The fili…