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.
