SK Hynix $28 Billion ADR Offering Multiple Times Oversubscribed; Pricing Set for July 9
- Bloomberg reports SK Hynix's ~$28B Nasdaq ADR offering (ticker SKHY) is multiple times oversubscribed, with cornerstone investors Baillie Gifford and Coatue expressing interest in up to $7B of the deal.
- Final pricing is slated for Thursday, July 9, 2026, with trading debut on the Nasdaq Global Select Market on Friday, July 10; the offering is now the largest Korean-era U.S. listing.
- The strong demand comes even as Micron slid on memory-cycle concerns and the broader chip complex sold off on Samsung's earnings reaction.