"In part the drop in the Korea listing reflects a switch trade – selling the locally listed shares to buy the US ADRs..."

SK Hynix priced its American depositary receipts, or ADRs, at $149 each Thursday. They opened Friday at $170 and closed at $168.01.

SK Hynix's U.S. shares surged thirteen percent on their Nasdaq debut. The South Korean chipmaker raised twenty-six point five billion dollars through a share sale. This…

The South Korean chip giant plunged more than 10 per cent on Monday (Jul 13).

The South Korean chip giant plunged more than 15 per cent on Monday (Jul 13).

South Korea's Kospi stock index experienced a significant drop Monday morning. Tech firms faced heavy selling pressure due to AI investment boom worries. The Kospi index plunged…