Rumor

SK Hynix Reportedly Planning US ADR Listing for Treasury Shares

Monday, December 8, 2025 at 06:23 AM

SK Hynix is reportedly moving forward with a plan to list approximately 2.4% of its treasury shares as American Depositary Receipts (ADRs) on a U.S. stock exchange. The company has received proposals from overseas investment banks regarding the plan, though an official confirmed that a final, specific decision has not yet been made.

Context

SK Hynix is reportedly progressing with an American Depositary Receipt (ADR) listing, though official confirmation from the company is currently unavailable. This move, if confirmed, could significantly enhance the South Korean memory chip giant's access to U.S. capital markets, potentially increasing liquidity and attracting a broader base of American investors. The company already issues depositary receipts with a 1:1 share-to-DR ratio, utilizing Citibank N.A. as its depositary, suggesting a precedent for such a listing. This development comes as SK Hynix shares have seen a remarkable surge, climbing approximately 214% over the past year, driven by robust demand for its AI-related memory products. As of early December 2025, SK Hynix shares are trading around ₩540,000 per share, with its Global Depositary Receipts (GDRs) having a reported capitalization of approximately $35.1 billion. The strong market performance is underpinned by record quarterly profits and expectations of a prolonged "super cycle" in the memory chip market due to expanding AI applications.

Related Companies

SK Hynix
SK Hynix
000660
KR