Funds continue to flock to the "Silicon-based Inflation" theme! HBM's dominant SK Hynix American depositary receipt (ADR) receives over seven times the enthusiastic subscription.
According to the Wisdom Financial APP, media reports citing informed sources revealed that South Korean storage chip manufacturing giant SK Hynix Inc. is preparing to price a large-scale issuance of its American depositary receipts (ADR) on the US stock market on Thursday. Its latest US listing has received over seven times oversubscription, sparking another frenzy of "silicon-based inflation". Informed sources said that the sale of 177.9 million ADRs has attracted institutional investors including global long-term bullish funds, hedge funds focusing on the technology industry, major sovereign wealth funds, and top Wall Street investment institutions focusing on the Asian market.
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