SK Hynix's American Depositary Receipts (ADR) debut on Nasdaq attracted significant interest from Korean retail investors, who purchased approximately 400 billion won ($3.1 billion) worth of shares. On July 10, the ADRs began trading, with about 84,000 investors buying through nine major Korean securities firms. These investors collectively held 1.36 million shares, representing 0.76% of the total 177.9 million shares issued, valued at approximately 338.9 billion won at the issue price. Including other securities firms, the number of Korean investors is estimated to approach 100,000, with total holdings reaching around 400 billion won.
The strong buying interest was also evident in the domestic market, where individual investors net purchased 788,510 shares of SK Hynix on July 10, amounting to about 1.7 trillion won. Despite a 16.15% drop in the stock price on July 13, retail investors continued to increase their holdings, purchasing approximately 3 trillion won worth of shares.
SK Hynix ADR Debut Sees $3.1 Billion Investment from Korean Retail Investors
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