Hynix has released a heavy message that the ADR schedule has been locked and it has raised 4.55 trillion Korean won (approximately 32 billion US dollars), which is sure to save it 。 Yesterday I said, 'The ADR delay is actually just a rephrasing of the market's expected approval for this week. The Nasdaq listing at the end of July or early August has not changed.'. ” It is now very clear that the Nasdaq listing is scheduled for July 10th, followed by subscription and payment on July 14th, and the new stock (original stock) will be listed on the Korean Stock Exchange on July 29th. There is also a potential big good news waiting here - Q2 financial report (operating profit of 66-70 trillion Korean won at the end of July). After reading the details of this announcement, there is one positive aspect: 45.45 trillion yuan will be fully invested in facility funds - Yongren Y1 Phase I Factory, Qingzhou P&T7 Advanced Packaging, EUV Scanner. Not a penny goes into shareholder returns, not repaying debts, and all production capacity is wasted. The management is issuing more shares at a historical high in stock prices and placing all their money on expanding production, which is equivalent to publicly betting that the structural shortage of HBM will continue. So this is positive for the entire HBM track and a strong confirmation of the sustainability of the memory super cycle. So next, let's look at tomorrow morning's MU financial report. If it's not bad, then let's continue playing music and dancing.