SK Hynix, ADRs and Options Trading
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The Chosun Ilbo on MSN
SK chairman's 'S KHY' post fuels controversy as Hynix stock drops
A post shared by SK Group Chairman Chey Tae-won on his Instagram on July 11 has sparked days of online speculation. The chairman shared a video of SK Hynix’s Nasdaq listing celebration displayed on a Times Square billboard,
SK Group Chairman Chey Tae-won urged SK hynix investors to “hold on” rather than chase daily market swings, expressing confidence in the company’s long-term gro
The 11–13% rebound after a historic rout looks like forced de-risking and positioning unwind, not a collapse in AI memory demand. Barclays’ Overweight/$330 and UBS’ Buy with higher 2026 profit expectations support a fast mean-reversion trade as volatility cools and buyers step back in.
South Korean memory titan SK Hynix is set to trade on U.S. exchanges under the American Depository Receipt or ADR route from July 10. Unsurprisingly, shares of the market leader in the high-demand DRAM memory products are also seeing their shares being in high demand ahead of their listing in the world's largest capital market.
SK Hynix Inc. is open to issuing more US shares should returns prove strong and the company’s stock price remains stable, SK Group Chairman Chey Tae-won said.
The 10% Seoul drop looks like “sell the news” after a huge run-up, while Wall Street consensus and targets remain far above the dip. The core AI memory thesis hasn’t broken: valuation is still the argument (cheap vs peers),
Chey Tae-won, chairman at SK Group, joins CNBC's Kristina Partsinevelos to discuss the company's U.S. trading debut, memory demand and more.
