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SK hynix Begins Trading on Nasdaq Through American Depositary Receipts
Summary
South Korean memory chip manufacturer SK hynix has listed its American Depositary Receipts on the Nasdaq, with trading commencing July 10, in a move to broaden its investor base.
South Korean semiconductor giant SK hynix Inc. has listed its American Depositary Receipts (ADRs) on the Nasdaq stock market, with trading officially beginning on July 10, 2026. The move provides U.S. and international investors with more direct access to the shares of one of the world's largest memory chip producers.
Listing Details
To commemorate the U.S. listing, SK hynix executives held an "Opening Bell" ceremony at the Nasdaq MarketSite in New York's Times Square. Attendees included SK Group Chairman Chey Tae-won, Executive Vice Chairman Chey Jae-won, and SK hynix CEO Kwak Noh-Jung.
The company stated that the ADR offering is scheduled to close on July 14 (U.S. Eastern Time). The newly issued common shares that underlie the ADRs are set to be additionally listed on the KOSPI Market of the Korea Exchange on July 29 (Korea Time).
Strategic Rationale
AdThe Nasdaq listing follows an extensive institutional investor roadshow conducted by SK hynix across the United States, Europe, and Asia. Such listings are typically pursued by international firms to increase their visibility, enhance stock liquidity, and attract a wider pool of global capital.
"Through continuous innovation, we will push the boundaries of what memory can achieve while empowering our employees to reach even greater accomplishments," said CEO Kwak Noh-Jung in a statement, thanking investors and customers for their support.
Company Background
SK hynix is a leading global manufacturer of DRAM and NAND flash memory chips, critical components for a vast range of electronic devices. While its primary stock listing is on the Korea Exchange, the company also has Global Depositary Shares listed on the Luxembourg Stock Exchange, underscoring its established international presence.