WS #11506
SK Hynix plans $28 billion ADR listing on Nasdaq, attracting $7 billion interest from major investors, marking the largest ADR issuance ever. Taiwan central bank sold net $12.59 billion in forex market in Q1 to defend the currency, indicating persistent pressure on the Taiwan dollar.
SK Hynix US listing
SK Hynix plans $28 billion ADR listing on Nasdaq, attracting $7 billion interest from major investors, marking the largest ADR issuance ever.
Taiwan central bank sold net $12.59 billion in forex market in Q1 to defend the currency, indicating persistent pressure on the Taiwan dollar.