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SK Hynix has priced its US ADR offering at a 3.1% premium to the closing price in Korea.

BlockBeats News, July 9th, Market News: SK Hynix has set the guidance price for its American Depositary Receipt (ADR) issuance at $149 per share, representing a 3.1% premium over the South Korean closing price.

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The first-week premium determines whether it is a revaluation entry or a crowded trade.
Aletheia Capital has raised SK Hynix's price target to around $3,500, far above mainstream institutions.
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