When will the listing take place?

The listing is scheduled for July 10.

An American Depositary Receipt is a negotiable certificate representing shares of a non-U.S. company, traded on U.S. exchanges.

Who held the previous record for the largest ADR?

The previous record was held by Alibaba Group in 2014 with a $25 billion IPO.

SK Hynix's $29B Nasdaq ADR Listing Set to Be Largest Ever

SK Hynix, the world's second-largest memory chipmaker, is set to list on Nasdaq via ADRs on July 10 with a $29 billion valuation, making it the largest ADR listing ever, surpassing Alibaba's 2014 record.

June 24, 2026

2 min read

Source: GuruFocus.com

Key Numbers

listing value

29B

previous record

25B

SK Hynix, the world's second-largest memory chipmaker, plans to list its shares on the Nasdaq via American Depositary Receipts (ADRs) on July 10, with a valuation of $29 billion. According to media reports, this would be the largest ADR listing in U.S. market history, surpassing Alibaba Group's $25 billion IPO in 2014.

Listing Details

Value: $29 billion.
Planned Date: July 10.
Exchange: Nasdaq.
Instrument: American Depositary Receipts (ADRs).
Previous Record: Alibaba (BABA) $25 billion IPO in 2014.

Context

The move comes amid surging demand for semiconductors, particularly memory chips used in AI and data centers. SK Hynix is the primary supplier of High Bandwidth Memory (HBM) chips to Nvidia, strengthening its market position.

What This Means for Investors

The U.S. listing will provide international investors easier access to the company's shares and could attract significant capital inflows. However, investors should consider risks from chip price volatility and U.S.-China geopolitical tensions.

Frequently Asked Questions

The listing is valued at $29 billion, making it the largest ADR in history.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.