Quartz·1 min read·medium
SK Hynix's $28 billion Nasdaq listing is more than seven times oversubscribed
✦AI Summary
SK Hynix's $28 billion Nasdaq listing saw significant investor interest, resulting in the offering being oversubscribed by more than seven times. The demand came from a diverse group of global institutional and tech-focused funds.
The 177.9 million ADR sale drew demand from long-only funds, tech funds, sovereign wealth funds, and Asia-focused investors
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