SK hynix ADR, 7subscription was oversubscribed by times, but in after-hours trading 200fell below the ten-thousand-won mark
In SK hynix’s American Depositary Receipt (ADR) public offering subscription, 7times oversubscription was recorded, but on 7 at 8 in after-hours trading, the share price 200fell below the ten-thousand-won mark. Chairman Chey Tae-won participated in the Nasdaq opening bell ceremony, while some super-high-net-worth investors were reported to have bought SK hynix and sold Samsung Electronics.
SK hynix’s ADR public offering subscription was 7times oversubscribed, but on 7 at 8 in after-hours trading, the share price 200fell below the ten-thousand-won mark. Investor interest is high.
SK Group Chairman Chey Tae-won attended 7 at 9the Nasdaq opening bell ceremony and held a local investor-relations meeting on the same day. On Nasdaq, the share prices of SK hynix and Square rose.
According to a report, some high-return domestic investors, known as super-high-net-worth investors, bought SK hynix, while positions selling Samsung Electronics were observed. It was reported that changes in trading behavior were being detected.
The successful IPO and reported participation in the opening bell ceremony were seen as factors that raised expectations for an inflow of investment. At the same time, news of a price decline in the after-market was also reported.
Some stocks were reported to have fallen by approximately 30%, among which high-net-worth investors were said to have purchased the stocks. Individual trading patterns diverged.
This matter involves the results of the IPO subscription, the schedule of overseas events, and after-market price movements coinciding within a short period. It is necessary to check the relevant disclosures and transaction records.