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18 hours ago
SK hynix raises up to $28 billion through U.S. depositary receipt listing
According to previously disclosed regulatory documents, SK hynix expects its U.S. depositary receipts to begin official trading on July 10.
Major investors have expressed interest in purchasing up to $7 billion of the offering shares.
The proceeds will be used to build new chip factories and equipment in South Korea, while expanding the company's global investor base.
$SK hynix(SKHY.US)
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