Market Chatter: SK Hynix Sets Upper Limit for ADR Conversion at 2.5% of Outstanding Shares

MT Newswires Live

Jul 23

SK Hynix (KRX:000660) capped the conversion of its Korea-listed shares into U.S.-traded American depositary receipts (ADRs) at 2.5% of total outstanding shares, Bloomberg News reported Thursday, citing the Korea Securities Depository.

The limit has already been fully utilized through the chipmaker's $26.5 billion ADR offering, which was concluded on July 10, the report said.

Investors will be able to convert Korean shares into ADRs only when existing ADR holders convert them back into Korean shares. The ADR issuance and cancellation books will remain closed until July 29, it said.

SK Hynix did not immediately respond to MT Newswires' request for comment.

Shares of the chipmaker jumped nearly 5% at market close.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumors and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/2653374564"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2653374564\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2653374564?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-23 17:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653374564","market":"nz","top_or_hot":-1,"title":"Market Chatter: SK Hynix Sets Upper Limit for ADR Conversion at 2.5% of Outstanding Shares","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/HXSCL\">SK Hynix</a> (KRX:000660) capped the conversion of its Korea-listed shares into U.S.-traded American depositary receipts (ADRs) at 2.5% of total outstanding shares, Bloomberg News reported Thursday, citing the Korea Securities Depository.</p><p>The limit has already been fully utilized through the chipmaker's $26.5 billion ADR offering, which was concluded on July 10, the report said.</p><p>Investors will be able to convert Korean shares into ADRs only when existing ADR holders convert them back into Korean shares. The ADR issuance and cancellation books will remain closed until July 29, it said.</p><p><a href=\"https://laohu8.com/S/SKHY\">SK Hynix</a> did not immediately respond to MT Newswires' request for comment.</p><p>Shares of the chipmaker jumped nearly 5% at market close.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumors and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: SK Hynix Sets Upper Limit for ADR Conversion at 2.5% of Outstanding Shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: SK Hynix Sets Upper Limit for ADR Conversion at 2.5% of Outstanding Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-07-23 17:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/HXSCL\">SK Hynix</a> (KRX:000660) capped the conversion of its Korea-listed shares into U.S.-traded American depositary receipts (ADRs) at 2.5% of total outstanding shares, Bloomberg News reported Thursday, citing the Korea Securities Depository.</p><p>The limit has already been fully utilized through the chipmaker's $26.5 billion ADR offering, which was concluded on July 10, the report said.</p><p>Investors will be able to convert Korean shares into ADRs only when existing ADR holders convert them back into Korean shares. The ADR issuance and cancellation books will remain closed until July 29, it said.</p><p><a href=\"https://laohu8.com/S/SKHY\">SK Hynix</a> did not immediately respond to MT Newswires' request for comment.</p><p>Shares of the chipmaker jumped nearly 5% at market close.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumors and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SKDD","symbol_name":"2倍做空海力士ETF-GraniteShares","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2653374564","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653374564","pubTimestamp":1784800597,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"SK Hynix  capped the conversion of its Korea-listed shares into U.S.-traded American depositary receipts  at 2.5% of total outstanding shares, Bloomberg News reported Thursday, citing the Korea Securities Depository.The limit has already been fully utilized through the chipmaker's $26.5 billion ADR offering, which was concluded on July 10, the report said.Investors will be able to convert Korean shares into ADRs only when existing ADR holders convert them back into Korean shares. The ADR issuance and cancellation books will remain closed until July 29, it said.SK Hynix did not immediately respond to MT Newswires' request for comment.Shares of the chipmaker jumped nearly 5% at market close.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SKDD":"2倍做空海力士ETF-GraniteShares","ARMH":"Arm Holdings PLC ADRhedged","SKUU":"2倍做多海力士ETF-GraniteShares","SKHX":"2倍做多海力士ETF-Leverage Shares","SAPH":"SAP SE ADRhedged","DINT":"Davis Select International ETF","DRAL":"2倍做多DRAM ETF-Defiance","DIVL":"MADISON DIVIDEND VALUE ETF","HYNX":"2倍做多海力士ETF-T-REX","SKHZ":"1倍做空海力士ETF-Leverage Shares","APIE":"ACTIVEPASSIVE INTERNATIONAL EQUITY ETF","RAM":"2倍做多DRAM ETF-T-REX","AADR":"AdvisorShares Dorsey Wright ADR ETF","CVY":"Invesco Zacks Multi-Asset Income ETF","SK":"2倍做多海力士ETF-Corgi","SKHU":"2倍做多海力士-ProShares","07709":"南方两倍做多海力士"},"translate_title":"市场传闻：SK海力士将 ADR 转换上限设定为流通股的 2.5%","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/fad29b855ff9c179a140cfa497755397","symbols_score_info":{"SKHZ":0.6,"APIE":1.5,"07709":0.6,"SKHX":0.6,"RAM":1.5,"SKDD":0.6,"ARMH":1.5,"SKHU":0.6,"AADR":1.5,"DIVL":1.5,"HYNX":0.6,"SAPH":1.5,"CVY":1.5,"SK":1.5,"DINT":1.5,"SKUU":0.6,"DRAL":0.6},"content_text":"SK Hynix (KRX:000660) capped the conversion of its Korea-listed shares into U.S.-traded American depositary receipts (ADRs) at 2.5% of total outstanding shares, Bloomberg News reported Thursday, citing the Korea Securities Depository.The limit has already been fully utilized through the chipmaker's $26.5 billion ADR offering, which was concluded on July 10, the report said.Investors will be able to convert Korean shares into ADRs only when existing ADR holders convert them back into Korean shares. The ADR issuance and cancellation books will remain closed until July 29, it said.SK Hynix did not immediately respond to MT Newswires' request for comment.Shares of the chipmaker jumped nearly 5% at market close.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumors and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}