Countdown to SK Hynix's US IPO, $30 billion financing may drive valuation reassessment Odaily Planet Daily News: According to US media reports, SK Hynix is expected to issue American Depositary Receipts on NASDAQ on July 10th. This IPO plan aims to raise nearly $30 billion and is expected to become one of the largest ADR issuances in history. The market generally believes that this move will significantly expand its global investor base and may drive valuation reassessment. Multiple asset management companies predict that if their valuation approaches that of Micron, there is a 30% upward potential for their stock prices in the next year. A fund manager pointed out that SK Hynix should trade at a valuation level at least equivalent to Micron, as demand for storage chips may continue to exceed supply in the coming years. This listing occurs during a rare period of prosperity in the storage chip industry. The stock prices of Micron, SK Hynix, and Samsung Electronics have all risen by over 200% this year, achieving their best annual performance in decades. The thirst for HBM in AI servers is widely regarded as a driving force behind a structural 'storage super cycle'. (Golden Ten)