Samsung Electronics Eyes U.S. ADR Listing, Researches Implementation Methods Despite Public Denial

SKHY26.29%
SKHYV-0.98%
NDAQ-1.36%
According to Bloter and Bloomberg on July 14-15, Samsung Electronics has begun internal research into various methods for issuing American Depositary Receipts (ADR) and conducting preliminary discussions with multiple investment banks on a potential U.S. market listing. Samsung denied such plans publicly; however, under management directives, relevant divisions are assessing the potential costs, benefits, and procedures involved in ADR issuance. Semiconductor industry sources revealed on July 15 that Samsung's management recently instructed departments to study viable architectural frameworks for ADR issuance, including consultations with SK Hynix, which recently completed its own ADR listing on Nasdaq.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments