[SK Hynix ADR Closes Up 27.29%, Premium Over Korean Common Stock Exceeds 50%] BlockBeats News, July 15, SK Hynix ADR's premium over its Korean-listed stock surged to nearly 50% just three days after its listing. On Tuesday, Hynix ADR closed with a sharp rise of 27.29%, following a record-breaking sell-off in the Korean stock market the previous day that caused its U.S. trading session to drop over 9%. Currently, its ADR premium rate has risen to approximately 51.5%, far exceeding the 3% spread set during its issuance last week. According to a document from the U.S. Securities and Exchange Commission, each SK Hynix ADR represents one-tenth of a common share. Tuesday's rebound coincided with the launch of SK Hynix ADR options trading on the U.S. Options Exchange, making it easier for traders in the world's largest derivatives market to trade this company. SK Hynix's Korean closing price on Tuesday was 1,913,000 KRW (approximately $1,284), while its ADR price closed at $193.92. Based on each SK Hynix ADR equating to one-tenth of a common share, the $193.92 price is 51.5% higher than $128 (one-tenth of $1,284).