SK Hynix's $28B Nasdaq ADR offering is more than 700% oversubscribed, with $7B in anchor interest from Baillie Gifford, Coatue, and others.

In SEC filing company said it plans to sell 17.8 million shares

South Korean chipmaker SK Hynix is making a massive $29 billion US stock market debut, aiming to boost its valuation and compete with rivals like Micron. This move taps into the…