SK Hynix Inc. shares surged after the memory chipmaker unveiled its plan for a $29 billion US listing, a move that analysts viewed as boosting valuations through capacity expansion and greater foreign investor access.
SK Hynix Surges 12% as US Listing Plan Boosts Valuation Hopes
SK Hynix Inc. shares surged after the memory chipmaker unveiled its plan for a $29 billion US listing, a move that analysts viewed as boosting valuations through capacity expansion and greater foreign investor access.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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