Chipmakers Surge as SK Hynix ADR Oversubscription Signals Strong Demand
The recent rally in global stock markets was driven largely by a surge in chipmaker shares after South Korea’s SK Hynix announced that its American depositary receipt (ADR) offering was oversubscribed more than seven times. The placement, which aims to raise approximately $24.5 billion, stands as the second‑largest foreign‑currency issuance ever recorded in Korea. This robust … Read more





