SK Hynix ADR Closes at $168.01 on First Trading Day, Up 12.76% on Nasdaq

SK Hynix-0.27%
SKHYV-0.98%
According to E Daily, SK Hynix ADR closed at $168.01 on July 10 (first trading day on Nasdaq), up 12.76% from the IPO price of $149. The ADR's closing price converts to approximately 2.532 million Korean won per share, about 16% higher than SK Hynix's domestic stock closing price of 2.18 million won on the same day. Market attention focuses on whether the premium will narrow through arbitrage transactions and custodian conversion mechanisms.
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