🟢 402340.KS is trading 6.2% up today on SK hynix's planned $29.4B US listing

402340.KS is trading 6.2% up at KRW 1,911,000 following reports that SK hynix plans a massive US ADR listing on the Nasdaq worth up to $29.4 billion.

• The listing is intended to fund AI chip expansion and unlock a higher international valuation for the semiconductor giant.
• As a major shareholder in SK hynix, the news is driving a rapid repricing of the 402340.KS portfolio value and attracting strong buying interest from investors.