SK Hynix ADR Surges 27%, Hits 51% Premium Over Korean Shares on July 14

SKHY26.29%
SMH2.38%
According to Bloomberg, SK Hynix ADR on July 14 surged 27%, erasing the previous session's 9.3% decline and reaching a 51% premium over the company's Korean ordinary shares. The dramatic expansion from just 3% premium at the $26.5 billion ADR offering last week reflects strong investor demand driven by the launch of options trading in the U.S. market. On its first trading day, SK Hynix ADR options saw approximately 150,000 contracts traded, outpacing VanEck Semiconductor ETF volumes and drawing broad participation from global derivatives markets. Market enthusiasm is also fueled by expectations of continued memory supply tightness amid AI investment expansion.
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