Overview
- In a regulatory filing, SK Hynix said it is considering listing treasury shares in the United States through American Depositary Receipts and has not made a final decision.
- The company stated it will announce specific details once finalized or within one month.
- Shares rose in Seoul after the disclosure, following an earlier caution from the Korea Exchange in response to speculation about a US listing.
- Korea Economic Daily reported proposals to list about 2.4% of outstanding shares as ADRs, a figure the company has not confirmed.
- Analysts say a US program could narrow valuation gaps with US peers and draw more US-based investors, supported by strong AI-driven performance and a pro-chip policy backdrop in South Korea.