SK hynix (KRX:000660) ADR math puts Micron (NASDAQ:MU) valuation gap in play
SK hynix ended Thursday’s Seoul session up 13.06% at 2,917,000 won after its planned Nasdaq ADR sale turned a capital-raising story into a valuation trade. Korean cash trading had ended by the 17:20 KST dateline; market data showed the last Seoul trade at 15:30 KST.