SK Hynix ADRs See $502M in Inflows Over Past Week as Trading Premium Widens to 28.5%

According to Financial News, overseas retail investors purchased $502.13 million worth of SK Hynix American Depositary Receipts (ADRs) during the week of July 17-24. Since the ADRs' Nasdaq listing on July 10, cumulative net purchases have reached $675.54 million.

The ADRs closed at $154.57 on July 24 (local time), equivalent to 2.26 million Korean won per share after adjusting for the 10-to-1 exchange ratio. This represents a 28.5% premium over SK Hynix ordinary shares trading at 1.759 million won on the Korea Composite Stock Price Index. Meanwhile, 12 domestic active exchange-traded funds have begun holding SK Hynix ADRs, including portfolios managed by Samsung Active, TimePortfolio, and Mirae Asset.