SK Hynix Stock Rebounds on Strong ADR Demand; Offering Could Rank Among Largest Foreign IPOs in U.S.

SK Hynix shares rebounded recently after roadshow demand for its U.S. ADR listing exceeded expectations, halting a three-day decline. The offering is expected to rank among the largest foreign company IPOs in U.S. history by valuation, according to market reports. SK Group Chairman Chey Tae-won is scheduled to attend the opening bell ceremony on listing day.
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