--- title: "SK Hynix plans to introduce ADR fundraising to South Korea around July 15" type: "News" locale: "en" url: "https://longbridge.com/en/news/291869812.md" description: "On July 7th, it was reported that South Korean chip giant SK Hynix is expected to introduce US dollar funds into South Korea around July 15th, and will convert some of the funds raised through the issuance of American Depositary Receipts into Korean won. SK Hynix launched its US stock issuance plan on the 6th, aiming to raise KRW 43 trillion. Although the ADR issuance is priced in US dollars, SK Hynix previously stated that at least part of the funds raised will be used to build two new factories in South Korea and procure chip manufacturing equipment" datetime: "2026-07-07T03:05:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291869812.md) - [en](https://longbridge.com/en/news/291869812.md) - [zh-HK](https://longbridge.com/zh-HK/news/291869812.md) --- # SK Hynix plans to introduce ADR fundraising to South Korea around July 15 On July 7th, it was reported that South Korean chip giant SK Hynix is expected to introduce US dollar funds into South Korea around July 15th, and will convert some of the funds raised through the issuance of American Depositary Receipts into Korean won. SK Hynix launched its US stock issuance plan on the 6th, aiming to raise 43 trillion won. Although the ADR issuance is priced in US dollars, SK Hynix previously stated that it would use at least part of the raised funds to build two new factories in South Korea and purchase chip manufacturing equipment ### Related Stocks - [07709.HK](https://longbridge.com/en/quote/07709.HK.md) - [03121.HK](https://longbridge.com/en/quote/03121.HK.md) ## Related News & Research - [SK Hynix to List on Nasdaq on July 10, Poised to Set Record for Overseas Company Listing in US](https://longbridge.com/en/news/291911044.md) - [Time to rein in leveraged ETFs](https://longbridge.com/en/news/291953047.md) - [Why Is SK Hynix’s Stock Price Falling Instead of Rising as It Prepares for a US Listing?](https://longbridge.com/en/news/291910719.md) - [Weekly Recap: ADS offering, Nasdaq listing and Cheongju 100T investment](https://longbridge.com/en/news/291849018.md) - [LG Energy Solution forecasts 77% operating profit fall in Q2 on weak EV demand](https://longbridge.com/en/news/291854996.md)