SK Hynix Aims for $149 US Listing Price Despite Volatility, Largest Foreign IPO in US History
SK Hynix Inc. is telling investors it intends to price its US listing at $149 per American depositary receipt, according to people familiar with the matter, despite recent volatility in the Korean memory chipmaker’s shares. At that price, the ADRs would be about 3.1% above the Thursday closing price of the common shares in Seoul,…
