SK Hynix's American Depositary Receipts fell below their $149 listing price for the first time on July 13, erasing the entirety of their debut rally in less than a week of trading. The South Korean me…
Seoul shares extended losses late Thursday morning, with the benchmark KOSPI falling 7.16 percent to 6,762.92, led by chip stocks amid escalating Middle East conflict and renewed AI valuation concerns…
Samsung Electronics has ruled out listing shares in the United States or issuing American depositary receipts, the Korean tech giant announced, quashing speculation about a US capital market move whil…
SK Hynix shares plunged more than 15% in Seoul on Monday, the stock's worst single-day decline on record, just three sessions after its $26.5 billion Nasdaq ADR listing. The crash triggered a 20-minut…
SK hynix raised approximately $26.5 billion through a U.S. share offering, the largest-ever U.S. listing by a foreign company, as surging demand for AI memory chips drives growth. The South Korean sem…
SK Hynix priced its American depositary receipts at $149 each on July 9, raising approximately $26.5 billion in the largest foreign offering in history, surpassing Alibaba's 2014 record. The South Kor…
SK Hynix, the South Korean memory chipmaker, is preparing to list on the Nasdaq through American depositary receipts, targeting approximately $28 billion in proceeds. The offering is already more than…
The Korea Exchange activated a sell-side sidecar for the KOSPI on Wednesday after the index fell sharply, suspending program trading for five minutes. Heavy selling by foreigners and individuals, driv…
Mirae Asset Securities research chief Park Yeon-ju said the dominance of Samsung Electronics and SK hynix in South Korea's Kospi index is justified by their outsized earnings contributions, with the t…
SK hynix overtook Samsung Electronics to become the most valuable company on South Korea's KOSPI index on Monday, ending Samsung's 25-year reign as the top stock by market capitalization. The shift re…
Seoul shares plunged sharply Friday, with the KOSPI falling 5.2 percent to 8,190.25, driven by a tech sector selloff and uncertainty over the U.S.-Iran peace deal. Program trading was suspended after …