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SK Hynix sets USD 29 billion U.S. IPO offering in motion

On June 24, South Korean chipmaker SK Hynix announced it has formally filed with the U.S. Securities and Exchange Commission to list American depositary shares (ADS) on the Nasdaq stock exchange. SK Hynix plans to raise USD 29 billion, though it has not yet determined the number of shares in the IPO, and could go pub....

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