SK Hynix Launches $29 Billion Nasdaq ADR Listing on July 10; Samsung Q2 Earnings Expected to Hit 85 Trillion Won

According to Bloomberg reports, SK Hynix will launch its American Depositary Receipts (ADR) on Nasdaq on July 10 in a record-breaking offering worth 29 billion dollars (44.3 trillion won). The listing is expected to provide U.S. investors with direct access to the AI memory semiconductor sector, particularly high-bandwidth memory (HBM) chips.

Meanwhile, Samsung Electronics announced today its Q2 earnings release is scheduled for July 7. Market consensus from domestic brokerages forecasts the company's operating profit at 85.1 trillion won, though some analysts project figures as high as 99.3 trillion won, potentially driven by strong memory chip demand. Results beating expectations could provide upside momentum to the Korean stock market.