The Financial Times reported that the share offering was seven-times oversubscribed and more than 500 investment firms had sought to buy shares.
South Korean chipmaker SK Hynix has raised around $26.5bn in its US stock market debut.
It offered 177.9m American depositary shares at a price of $149 each to begin trading on the Nasdaq Global Select Market today (10 July).
Bloomberg reported that this amounts to the largest-ever US first-time share sale by a foreign company and the third-biggest listing in history. In June, SpaceX made the largest stock market debut in history by raising $75bn.
The Financial Times (FT) reported that, as per two sources familiar with the matter, the share offering was seven-times oversubscribed and more than 500 investment firms had sought to buy shares.
