SK Chairman Said to Attend SK Hynix ADR Listing Ceremony in US, Expected to Share Mid- to Long-term Development Strategy
SK Hynix's US ADR will debut on Friday (10th), and it is reportedly more than seven times oversubscribed.
SK Group Chairman Chey Tae-won will attend the Nasdaq listing celebration ceremony, where he and the company's management team will share SK Hynix's mid- to long-term development strategy, Yonhap News Agency reported.
Chey said earlier this year that the market still views SK Hynix as a company producing general-purpose memory chips, and hence the company's market cap has yet to reflect its value.
During Chey's US visit, he is also expected to meet senior executives from global tech giants including NVIDIA Corporation (NVDA.US) and Tesla, Inc. (TSLA.US).
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AASTOCKS Financial News
Website: www.aastocks.com
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