Coming to America: SK Hynix Plans Depository Receipt Listing on the NASDAQ

Dow Jones06-24

Hynix to raise about $30 billion from U.S. investors

SK Hynix stock has already delivered an 88% return in 2026, so beating lofty expectations is becoming more challenging.

SK Hynix, one of the three major memory-chip makers whose shares have surged in value due to huge demand for artificial-intelligence applications, said on Wednesday it's going to issue American depository receipts, giving U.S. investors an easier way of investing in the company.

Parent company SK Square said the listing of some 45.4 trillion Korean won ($29.7 billion) worth of Hynix (KR:000660) will take place on July 10 on the Nasdaq.

Currently, U.S. investors either have to buy the stock directly from the South Korean exchange or buy a fund investing in the company, such as the Roundhill Memory ETF DRAM.

Hynix said it'll use the proceeds for fab building as well as the acquisition of extreme ultraviolet scanners, which should benefit long-time supplier ASML (NL:ASML) $(ASML)$.

Hynix and fellow South Korean chip company Samsung Electronics (KR:005930) stumbled on Tuesday as the Kospi stock-market index plunged 10%, but the stock has surged 296% this year and 802% over the last 52 weeks.

Hynix rival Micron Technology $(MU)$ is set to report results after the close on Wednesday.

-Steve Goldstein

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

June 24, 2026 05:07 ET (09:07 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2645896521?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-24 17:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2645896521","market":"sh","top_or_hot":-1,"title":"Coming to America: SK Hynix Plans Depository Receipt Listing on the NASDAQ","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     Hynix to raise about $30 billion from U.S. investors \n</p>\n<p>\n     <a href=\"https://laohu8.com/S/HXSCL\">SK Hynix</a> stock has already delivered an 88% return in 2026, so beating lofty expectations is becoming more challenging. \n</p>\n<p>\n     SK Hynix, one of the three major memory-chip makers whose shares have surged in value due to huge demand for artificial-intelligence applications, said on Wednesday it's going to issue American depository receipts, giving U.S. investors an easier way of investing in the company. \n</p>\n<p>\n     Parent company SK <a href=\"https://laohu8.com/S/XYZ\">Square</a> said  the listing of some 45.4 trillion Korean won ($29.7 billion)  worth of Hynix (KR:000660) will take place on July 10 on the Nasdaq. \n</p>\n<p>\n     Currently, U.S. investors either have to buy the stock directly from the South Korean exchange or buy a fund investing in the company, such as the <a href=\"https://laohu8.com/S/DRAM\">Roundhill Memory ETF</a> DRAM. \n</p>\n<p>\n     Hynix said it'll use the proceeds for fab building as well as the acquisition of extreme ultraviolet scanners, which should benefit long-time supplier ASML (NL:ASML) <a href=\"https://laohu8.com/S/ASML\">$(ASML)$</a>. \n</p>\n<p>\n     Hynix and fellow South Korean chip company <a href=\"https://laohu8.com/S/SSNGY\">Samsung Electronics</a> (KR:005930) stumbled on Tuesday as the Kospi stock-market index plunged 10%, but the stock has surged 296% this year and 802% over the last 52 weeks. \n</p>\n<p>\n     Hynix rival Micron Technology <a href=\"https://laohu8.com/S/MU\">$(MU)$</a> is set to report results after the close on Wednesday. \n</p>\n<p>\n     -Steve Goldstein \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 24, 2026 05:07 ET (09:07 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coming to America: SK Hynix Plans Depository Receipt Listing on the NASDAQ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nComing to America: SK Hynix Plans Depository Receipt Listing on the NASDAQ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-24 17:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     Hynix to raise about $30 billion from U.S. investors \n</p>\n<p>\n     <a href=\"https://laohu8.com/S/HXSCL\">SK Hynix</a> stock has already delivered an 88% return in 2026, so beating lofty expectations is becoming more challenging. \n</p>\n<p>\n     SK Hynix, one of the three major memory-chip makers whose shares have surged in value due to huge demand for artificial-intelligence applications, said on Wednesday it's going to issue American depository receipts, giving U.S. investors an easier way of investing in the company. \n</p>\n<p>\n     Parent company SK <a href=\"https://laohu8.com/S/XYZ\">Square</a> said  the listing of some 45.4 trillion Korean won ($29.7 billion)  worth of Hynix (KR:000660) will take place on July 10 on the Nasdaq. \n</p>\n<p>\n     Currently, U.S. investors either have to buy the stock directly from the South Korean exchange or buy a fund investing in the company, such as the <a href=\"https://laohu8.com/S/DRAM\">Roundhill Memory ETF</a> DRAM. \n</p>\n<p>\n     Hynix said it'll use the proceeds for fab building as well as the acquisition of extreme ultraviolet scanners, which should benefit long-time supplier ASML (NL:ASML) <a href=\"https://laohu8.com/S/ASML\">$(ASML)$</a>. \n</p>\n<p>\n     Hynix and fellow South Korean chip company <a href=\"https://laohu8.com/S/SSNGY\">Samsung Electronics</a> (KR:005930) stumbled on Tuesday as the Kospi stock-market index plunged 10%, but the stock has surged 296% this year and 802% over the last 52 weeks. \n</p>\n<p>\n     Hynix rival Micron Technology <a href=\"https://laohu8.com/S/MU\">$(MU)$</a> is set to report results after the close on Wednesday. \n</p>\n<p>\n     -Steve Goldstein \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 24, 2026 05:07 ET (09:07 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HXSCL","symbol_name":"SK Hynix, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2645896521","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2645896521","pubTimestamp":1782292020,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Hynix to raise about $30 billion from U.S. investorsSK Hynix stock has already delivered an 88% return in 2026, so beating lofty expectations is becoming more challenging.SK Hynix, one of the three ma","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HXSCL":"SK Hynix, Inc."},"translate_title":"来到美国：SK海力士计划在纳斯达克上市存托凭证","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HXSCL":1.97},"content_text":"Hynix to raise about $30 billion from U.S. investors \n\n\nSK Hynix stock has already delivered an 88% return in 2026, so beating lofty expectations is becoming more challenging. \n\n\n     SK Hynix, one of the three major memory-chip makers whose shares have surged in value due to huge demand for artificial-intelligence applications, said on Wednesday it's going to issue American depository receipts, giving U.S. investors an easier way of investing in the company. \n\n\n     Parent company SK Square said  the listing of some 45.4 trillion Korean won ($29.7 billion)  worth of Hynix (KR:000660) will take place on July 10 on the Nasdaq. \n\n\n     Currently, U.S. investors either have to buy the stock directly from the South Korean exchange or buy a fund investing in the company, such as the Roundhill Memory ETF DRAM. \n\n\n     Hynix said it'll use the proceeds for fab building as well as the acquisition of extreme ultraviolet scanners, which should benefit long-time supplier ASML (NL:ASML) $(ASML)$. \n\n\n     Hynix and fellow South Korean chip company Samsung Electronics (KR:005930) stumbled on Tuesday as the Kospi stock-market index plunged 10%, but the stock has surged 296% this year and 802% over the last 52 weeks. \n\n\n     Hynix rival Micron Technology $(MU)$ is set to report results after the close on Wednesday. \n\n\n     -Steve Goldstein \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 24, 2026 05:07 ET (09:07 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.1","shortVersion":"4.44.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2645896521","isCrawlerRequest":true}