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() -- SK Hynix (SKHY, SKHYV) was rallying 14% on Friday as the South Korean chipmaker listed its American depositary shares on the Nasdaq in what will likely be the second-largest share sale in the US. SK Hynix opened trade at $170 and moved as high as $177, having priced its initial public offering of 177.9 million AD
() -- SK Hynix's (KRX:000660) $28 billion Nasdaq IPO is said to be more than seven times oversubscribed, according to a Reuters report on Thursday citing people familiar with the matter. The chipmaker began offering about 177.9 million American depositary receipts (ADR) priced at $158.14 per ADR, according to a prospec