Jim Cramer warns bankers against overhyping demand for SK Hynix's $28 billion U.S. listing, fearing aggressive pricing and limited gains.

UBS recommends buying SK Hynix ADRs and selling Korean shares ahead of a historic $29 billion Nasdaq listing expected July 10, 2026.

SK Hynix's $28 billion Nasdaq ADR offering was heavily oversubscribed, with books closing early as investors chase AI memory chip exposure amid HBM