SK Hynix on Monday launched a marketing roadshow for a U.S. listing to tap investor momentum in the memory-chip sector. Its filing shows an offer of about 17.79 million ordinary shares via U.S.-listed American Depositary Receipts, implying an offering size of roughly $28 billion based on last Friday's Korean market close. The company, a leading HBM supplier, expects the ADRs to begin trading on July 10 (Friday) per earlier filings. At the proposed scale the deal would rank among the three larges

SK Hynix on Monday launched a marketing roadshow for a U.S. listing to tap investor momentum in the memory-chip sector. Its filing shows an offer of about 17.79 million ordinary shares via U.S.-listed American Depositary Receipts, implying an offering size of roughly $28 billion based on last Friday's Korean market close. The company, a leading HBM supplier, expects the ADRs to begin trading on July 10 (Friday) per earlier filings. At the proposed scale the deal would rank among the three largest IPOs on record and could rival ARAMCO's $29.4 billion 2019 listing, subject to exchange-rate movements.