Choi Tae-won, 7month 10attends SK hynix Nasdaq ADR listing ceremony on day
SK Group Chairman Choi Tae-won will attend SK hynix’s Nasdaq ADR listing ceremony held in New York on 7month 10day (local time) and directly explain the company’s HBM-centered AI memory competitiveness and mid- to long-term investment plans to local investors. He is also expected to discuss ways to cooperate with big tech companies together with SK management, while the ADR bookbuilding was reportedly successful.
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SK Group Chairman Choi Tae-won will attend SK hynix’s Nasdaq listing ceremony for American depositary receipts (ADRs) held in New York, United States, on 7month 10day (local time) and directly explain the company’s HBM-centered AI memory competitiveness and mid- to long-term investment plans. At the event, Chairman Choi is expected to meet local investors and explain the company’s value.
Key executives, including SK hynix President and CEO Kwak Noh-jung, will also accompany him to the listing ceremony. The executives will hold a briefing for global investors to present the company’s technological competitiveness and growth strategy.
SK hynix’s ADR bookbuilding was reportedly successful. The company said it plans to have its corporate value reevaluated in the U.S. capital market through its Nasdaq listing.
During his stay in the United States, Chairman Chey is also scheduled to meet with big tech companies to discuss ways to expand cooperation on AI memory. The discussions are expected to focus on cooperation centered on HBM (high-bandwidth memory) and matters related to the supply chain.
The listing ceremony is scheduled for 7month 10day morning. SK hynix defines this listing as its Nasdaq debut.
SK Group said it will use this trip to raise the company's profile in the U.S. market, where capital and technology converge, and seek opportunities for cooperation within the AI ecosystem.