SK Hynix US Offering Is More Than 7 Times Oversubscribed - Bloomberg
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· July 09, 2026 at 01:17
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SK Hynix US Offering Is More Than 7 Times Oversubscribed - Bloomberg
Bloomberg reported that SK Hynix Inc.'s US listing is more than seven times oversubscribed, according to people familiar with the matter, as the South Korean memory chipmaker prepares to price its offering Thursday.
The sale of 177.9 million American depositary receipts has attracted demand from global long-only funds, technology sector-focused funds, sovereign wealth funds and Asia-focused global investors, the people said.
https://www.bloomberg.com/news/articles/2026-07-08/sk-hynix-us-offering-is-more-than-seven-times-oversubscribed