--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/42512070.md" description: "Prize Contest | SK Hynix to list on NASDAQ this Friday, how high will it close on its first day?🎁 The largest overseas company in US stock market history! SK Hynix (SKHYV.US) plans to issue 17.79 million ADRs, raising over $28 billion, officially landing on NASDAQ on the evening of July 10th Beijing time, with a reference issue price of approximately $166 per ADR (corresponding to about $1660 per ordinary share). Guess the closing price range of SKHYV on its first day (July 10th, 21:30 – 4:00 next day, Beijing time) on NASDAQ, and you can win 200 task coins! Share your operations or your long/short views in the comments, and 5 users will be selected to receive a Longbridge peripheral – a stock code mug.🔥 Bullish logic: The IPO roadshow attracted over a thousand institutions, recording several times oversubscription, cornerstone investors intended to subscribe up to $7 billion; the company holds over 50% of the global HBM market share, is the main supplier of NVIDIA's HBM3E, AI server demand is about to materialize; this issuance is the largest overseas company's initial fundraising in US stock history, surpassing the old record set by Alibaba's New York listing in 2014, scarcity and attention are maxed out!🧊 Bearish logic: Sudden turmoil in Korean stocks just before the listing – the Kospi index on July 8th (Wednesday) plunged by 5.7% at one point, falling nearly 20% from the high, entering a technical bear market, SK Hynix's local stock fell 5% intraday, Samsung Electronics fell nearly 7%, EWY tracking Korean stocks also plunged 4.51% yesterday (7/7); the issuance size has been reduced from the previous $29 billion to $28 billion, market doubts about the sustainability of AI capital expenditure are fermenting, the pricing window coincides with sector turmoil, the risk of breaking the issue price on the first day cannot be ruled out!Bulls bet on institutions frantically buying + HBM monopoly supporting the premium, bears bet on Korean stock sentiment suddenly cooling, and the listing meeting a cold reception. Which range are you betting on?📌 Statistics method: Based on SKHYV's official NASDAQ closing price on its first day.⏰ Event deadline: July 11th, 5:00 Beijing time (before US market opens)." datetime: "2026-07-08T10:45:33.000Z" locales: - [en](https://longbridge.com/en/topics/42512070.md) - [zh-CN](https://longbridge.com/zh-CN/topics/42512070.md) - [zh-HK](https://longbridge.com/zh-HK/topics/42512070.md) author: "[热点君](https://longbridge.com/en/profiles/1450684.md)" --- # Prize Contest | SK Hynix to list on NASDAQ this Fr… ### Related Stocks - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [EW.US](https://longbridge.com/en/quote/EW.US.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [89988.HK](https://longbridge.com/en/quote/89988.HK.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md) - [EWY.US](https://longbridge.com/en/quote/EWY.US.md) - [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [SMSN.UK](https://longbridge.com/en/quote/SMSN.UK.md) ## Comments (14) - **赌性坚强Ann · 2026-07-11T10:46:09.000Z**: Will there be a reward for guessing correctly? - **在学习中前进 · 2026-07-10T12:49:05.000Z**: With limited ADR quota, 7x oversubscription, and being the leader in HBM, it's unreasonable not to rise by 10-20%. - **在学习中前进** (2026-07-12T03:36:04.000Z): This option setting is a bit of a trap! I selected by percentage and didn't notice the price in front.. - **护花使者爱理财 · 2026-07-10T07:21:18.000Z**: Must be empty, reference SpaceX 👀👀 - **小清新阿俊 · 2026-07-09T12:34:50.000Z**: Two words: surge - **kenrobb · 2026-07-09T12:06:56.000Z**: It's highly likely to break the issue price and sell off in the short term, but in the long run, it will definitely reach its deserved market value position. Just go all in during the pullback. - **唐先生rh · 2026-07-09T12:02:12.000Z**: Opened up 30%😀 Be a bit conservative - **定投美股994120** (2026-07-09T12:04:59.000Z): Support - **Edison · 2026-07-09T03:21:31.000Z**: Market sentiment is at a low point, it's highly likely to break the issue price slightly, and the earliest it can start rising is next week. CWW's fundamentals remain unchanged! Charge! - **cosara · 2026-07-08T23:03:36.000Z · 👍 1**: If the market is truly "being suppressed" as widely believed, there may be two scenarios on the first day of trading: Scenario 1: Rebound after suppression If the offering is sufficiently suppressed and institutional subscription is strong, the first day may: open low and then pull back, clo - **cosara · 2026-07-08T22:57:45.000Z**: I am cautiously optimistic about SKHYV's first-day performance. The company's leading position in HBM and its strong supply chain attributes with NVIDIA are solid, and the long-term logic is sound, but the short-term IPO window is not ideal. The sharp drop in Kospi, the weakness in SK Hynix's domest - **顺势而为369 · 2026-07-08T13:05:08.000Z**: Short position. Although the current cww is still ongoing, it has already severely overdrawn the demand for chasing rallies. How many times has SK Hynix risen? High-level corrections coupled with the current volatile US-Iran situation, short-term leveraged funds are withdrawing. It's cold at the top - **我要擦皮鞋 · 2026-07-08T12:26:39.000Z**: I'm bullish. With AI computing power being so hot right now, HBM memory is simply not enough, and SK Hynix, as a core supplier, has very strong earnings certainty. Plus, this listing on Nasdaq improves liquidity, and the valuation is definitely going to surge further. - **Adam暴富 · 2026-07-08T10:48:09.000Z**: Premium of 10-20%: SK Hynix continues to lead the memory sector$XL2CSOPHYNIX(07709.HK)$SK Hynix(SKHY.US)