---
title: "[Reward] The largest overseas company IPO in US stock market history! SK hynix to debut on Nasdaq this Friday"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42512284.md"
description: "On July 10th (this Friday), storage giant SK Hynix officially listed on NASDAQ in the form of ADRs, with the ticker $SK Hynix(SKHYV.US), where 10 ADRs = 1 ordinary share. The fundraising scale is approximately $28 billion (43 trillion Korean won), setting a record for the largest initial fundraising by an overseas company in U.S. stock market history! Cornerstone investors such as Baillie Gifford, Coatue, and Situational Awareness Partners have indicated their intention to subscribe to over $7 billion, accounting for nearly 1/4 of the issuance size..."
datetime: "2026-07-08T10:49:04.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42512284.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42512284.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42512284.md)
author: "[热点君](https://longbridge.com/en/profiles/1450684.md)"
---

# [Reward] The largest overseas company IPO in US stock market history! SK hynix to debut on Nasdaq this Friday

On July 10th (this Friday), storage giant SK Hynix officially listed on NASDAQ in ADR form, ticker $SK Hynix - WI(SKHYV.US), with 10 ADRs = 1 ordinary share. This fundraising round amounts to approximately $28 billion (43 trillion KRW), setting a record for the largest overseas company IPO in U.S. stock market history!

Cornerstone investors including Baillie Gifford, Coatue, and Situational Awareness Partners have indicated intent to subscribe over $7 billion, accounting for nearly 1/4 of the issuance size, showing strong market demand — under the AI chip wave, is the HBM storage leader about to "achieve legendary status in one battle"?

⬆️ Bulls say: HBM supply can't meet demand, it's a necessity for AI computing power, and NASDAQ liquidity directly raises the valuation ceiling;

⬇️ Bears say: The pricing has already priced in expectations, antitrust litigation risks remain unresolved, and the price gap between Korean and U.S. stocks could narrow at any time.

What's your take? Two ways to play, play however you like, there are prizes for all 👇

📸 Play #1 · Show Your IPO Order

Post a screenshot of your actual SKHYV buy/watchlist order + a one-sentence reason (≥30 characters). Real holdings will be prioritized for winning. Prize: 1 random stock ticker cup merchandise (5 winners).

💬 Play #2 · In-Depth Showdown

Post or comment to state your【Bullish】/【Bearish】stance, providing your core logic (HBM, valuation, antitrust, Korea-U.S. price gap... choose any angle, ≥50 characters). 3 winners with high-quality insights will receive mystery merchandise.

🎁 Participation Prize: Just post an original comment of 30+ characters (order screenshot or opinion post both count), and you'll get 200 mission coins, everyone gets one!

📋 Event Rules

1️⃣ Event Period: July 10th (Friday) - July 14th (Tuesday) 24:00;

2️⃣ Each user ID can win only once per play category (participation prize can be combined);

3️⃣ No purely AI-generated content; real opinions/real order screenshots are prioritized;

4️⃣ Prizes will be distributed within 15 working days after the event ends;

5️⃣ Longbridge reserves the final right of interpretation. Bullish/bearish views represent personal opinions only and do not constitute investment advice.

$SK Hynix - WI(SKHYV.US)  $SK Hynix(SKHY.US)  $XL2CSOPHYNIX(07709.HK)

### Related Stocks

- [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md)
- [07709.HK](https://longbridge.com/en/quote/07709.HK.md)
- [SKHYV.US](https://longbridge.com/en/quote/SKHYV.US.md)

## Comments (34)

- **热点君 · 2026-07-21T08:54:18.000Z · 👍 1**: 🎉 [Winners Announcement] SK Hynix Lists on NASDAQ · Prize Interaction Results Are Here!Thank you all for your enthusiastic participation before and after Hynix's listing! From sharing IPO subscription slips to long-short debates, covering topics like HBM monopoly, valuation overstretch, and the
  - **新用戶_IRlgUQ** (2026-07-21T12:27:11.000Z): Thanks to @Hot Topic Master, very happy to win the prize
- **眼科主理人（笑发财） · 2026-07-14T12:03:48.000Z**: My view: Short-term bearish on the stock price, but long-term optimistic.Reason: It's not about being bearish on storage, the【US-Korea price gap】is the core of the trade!Because it's relatively easy to convert US ADRs to Korean stocks, but converting Korean stocks back to ADRs requires regulatory ap
- **前沿科技 · 2026-07-14T00:48:16.000Z**: 【Bullish】Observed for three days, heard all the bearish arguments: overpriced, Korea-US price gap, 28 billion capital drain. But I'm still bullish, not chasing highs, waiting for a pullback.Three points of logic:1. HBM4 yield rate is the moat. SK is leading Samsung by 6-9 months in 1c nm + hybrid bo
- **大瀑布无法想象 · 2026-07-13T13:07:22.000Z**: Short selling, don't be afraid.
- **svtsjrq · 2026-07-13T00:11:39.000Z**: Good
- **順勢投資 · 2026-07-12T15:25:46.000Z**: The rigid demand for HBM remains unchangedSK Hynix is still the main supplier of HBM for NVIDIA. With the expansion of AI computing power, HBM supply continues to be tight, and it is difficult to be completely replaced by Samsung and Micron in the short term.Valuation has room for reassessmentIf SKH
- **难得糊涂666 · 2026-07-10T23:18:40.000Z**: Not optimistic, it should be a temporary surge
- **新用戶_IRlgUQ · 2026-07-10T15:48:05.000Z**: $SK Hynix - WI(SKHYV.US)$SK Hynix(SKHY.US)Time to show the position 📈📈Got in. Another behemoth IPO after Space X. I only started paying attention to the Korean stock market recently. Since SK Hynix is such a bellwether, it's only right to put my money where my mouth is and support it with real cas
- **抱着善泽打豆豆 · 2026-07-10T14:47:25.000Z**: I'm firmly bullish on SK Hynix and have bought 1. Why am I bullish? Because it's cheap. Many people want to get in on memory, like me. However, the US stocks that should have risen have already risen. I want to get on board but worry about getting trapped, but if I don't get on board, I 
- **豬油丸子 · 2026-07-10T14:25:32.000Z**: Enter
- **大胆点目标100倍 · 2026-07-10T13:24:02.000Z**: $SK Hynix - WI(SKHYV.US)$SK Hynix(SKHY.US)Value investing, at this price point, what is there to be afraid of? Is it making money? Have the basic factors changed?
- **Penut Zhou · 2026-07-10T13:08:06.000Z**: Bullish on the first day of listing. The recent adjustments in Korean stock SK Hynix, as well as Micron and SanDisk, have created room for today's listing. However, after a surge, it may replicate the trend of SpaceX, eventually leading to an adjustment in the storage sector as well.
- **火船长9427 · 2026-07-10T07:19:52.000Z · 👍 2**: Bearish on $XL2CSOPHYNIX(07709.HK)$XL2CSOPSMSN(07747.HK). They made a lot of money but don't share it, give no returns to shareholders, just raise funds through IPOs, hype, digging through the trash, worthless.
- **cangling · 2026-07-10T07:17:19.000Z**: Bullish. As long as it's limited, it will appreciate in value. AI can't do without storage, and currently there are only 3 companies in the world that can do it. As for xhm, if its future is promising, we'll talk about it in the future. Anyway, I'm planning to get in. Of course, not too much.
- **贾琦光 · 2026-07-10T07:09:21.000Z · 👍 1**: 【Bullish】It is Dazi's sole supplier for h1,200 and b200, and has already signed a multi-year agreement. The price is relatively reasonable; converted to Korean Won, the ADR corresponds to a PE ratio of 10-12, with room for upside.At the same time, selling pressure will be very high, and Samsung has 
- **韭菜勇闯美利坚 · 2026-07-09T14:03:28.000Z**: Bullish, the fundamentals are still there. A good company can always earn its money back. This makes it cheap when future cash flows are discounted to the present.
- **kenny2025 · 2026-07-09T10:16:20.000Z · 👍 1**: Bullish, it's fallen so much, it's about time for a rebound. It'll likely surge for a few days before falling back again.
- **新用户_WdmHuo · 2026-07-09T09:26:57.000Z**: Bearish! This pricing is way too expensive, the valuation is obviously too high, feels like it's already front-loaded the growth of the next several years. The company's leverage is also high, if AI demand falls short of expectations, the pressure will be huge. Plus, the price gap between Korean and
- **我是韭菜999 · 2026-07-09T09:05:53.000Z · 👍 1**: Buy, bullish, clearly bullish. The AI wave is far from over. As the infrastructure product of the AI wave, it possesses absolute scarcity. The price may fluctuate, but the demand in the foreseeable future will still outstrip supply. Moreover, AI is still in its early stages of development, and there
- **小清新阿俊 · 2026-07-09T09:04:47.000Z · 👍 1**: Bullish