SK Hynix Spot rSKHY Big News Incoming! South Korea's semiconductor giant SK Hynix is officially landing on Nasdaq under the ticker SKHY. Mark your calendars for 9:30 AM. What’s the opening move tonight? 1. Catching up to Micron Before listing in the U.S., SK Hynix’s forward P/E ratio was only around 6x. Micron’s is currently between 7x-11x. The core logic of listing ADRs is to revalue and catch up to Micron, with institutions generally giving a 20%+ premium. 2. HBM Supercycle HSBC, KB, Macquarie, and other institutions have raised their target prices by 30-40%. The core reasoning? By 2027, HBM contract prices could rise 50%-100% year-over-year, with supply remaining tight. To celebrate this launch, Bitget is going all out with the perks 1. Zero Fees for a Limited Time: From now until July 17, trading rSKHY is completely fee-free. 2. Random Airdrops! New users who make their first trade of ≥1000 USDT will automatically receive $10-$88 worth of Hynix stock. Register → https://partner.(hdmune.cn)/bg/8519CP 3. Trade and join the leaderboard to share a total stock prize pool of $50,000. The scale of this is absolutely insane! They issued 17.79 million new shares, raising a whopping $26.5 billion. Not only did this break the record set by Alibaba back in the day, but it’s also the largest IPO by a foreign company in U.S. history and the second-largest global stock issuance ever, second only to SPCX. Oversubscribed 7x, with total demand nearing $200 billion!