Global Markets
Home›Global Markets›North America›SK Hynix to debut on Nasdaq, testing whether it can sh…
SK Hynix to debut on Nasdaq, testing whether it can shed discount
The Nasdaq listing on Friday is positioned as a test of whether SK Hynix can narrow the gap between its perceived value and global peers after a long-standing “Korea Discount.”
CNBC Markets reports that SK Hynix is set to make its Wall Street debut with a Nasdaq listing on Friday, an event framed as a key test for the chipmaker.
The outlet says the debut will be watched for signs the company can narrow its long-standing “Korea Discount,” a valuation gap that has followed South Korean large-cap firms.
Latest closeNasdaq Comp. 26,206.89 ▲1.3%