SK Hynix ADR Attracts 400 Billion Won in Buying From 84,000 Korean Retail Investors on Nasdaq Debut

According to Jin10 citing Yonhapnews, on July 10, SK Hynix's American Depositary Receipts (ADR) debut on Nasdaq attracted buying from approximately 84,000 South Korean retail investors worth about 400 billion Korean won on the first day. Korean investors held 1.36 million shares through nine major brokerages, representing 0.76% of the 177.9 million shares issued.

Retail buying momentum continued in the Korean domestic market. On July 10, individual investors made net purchases of 788,510 SK Hynix shares worth approximately 1.7 trillion Korean won. Even after a 16.15% decline on July 13, retail investors continued adding positions, purchasing shares worth around 3 trillion Korean won.