Hynix's ADR in the US Stock Market is currently trading at a 29.8% premium to the Korean Stock Market, with 5 remaining trading days for open swap.
BlockBeats News, July 22, according to Bitget market data, the current intra-day trading price of SK Hynix (SKHX) in the South Korean stock market is 1,977,000 Korean Won, equivalent to about $1,336.
According to an exchange market data, the post-market trading price of SK Hynix's ADR (SKHY) in the U.S. stock market is $173.4.
With each SK Hynix ADR corresponding to 0.1 shares of the Korean stock, the current ADR premium is about 29.8%, expanding from the recent 25% premium.
The SK Hynix ADR can be converted into Korean stocks starting from July 29, with five trading days remaining.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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