Market Chatter: Nasdaq Sees SK Hynix IPO Driving More Foreign Listings

MT Newswires Live02:42

Nasdaq (NDAQ) president Nelson Griggs said SK Hynix's (SKHYV) listing is driving interest among other international companies in exploring a US initial public offering or the sale of American depositary receipts, Bloomberg reported Friday, citing a television interview with Griggs.

Of the top 10 raises this year, four have been international, Griggs said, according to the report.

Nasdaq and SK Hynix did not immediately respond to MT Newswires' request for comments.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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