Market Structure View on $SKHY The key point is simple: A 7x oversubscribed book proves that the primary market wants allocation. It does not prove that the secondary market has to keep bidding the stock higher. The real issue here is that the primary market and the secondary market are trading two completely different things. SK Hynix’s U.S. listing is huge. The basic facts are clear: 17.79 million new common shares. 177.9 million ADSs. 10 ADSs represent 1 common share. Demand reportedly exceeded available supply by more than 7x. Large U.S. institutional orders started around $200 million. Baillie Gifford, Coatue, Situational Awareness and other major funds have shown interest. That demand is real. But primary demand and secondary price action are not the same thing. The primary market is

AI memory leader $SK hynix(SKHY)$ is coming to Nasdaq. SK Hynix is one of the world’s largest memory chipmakers and a key supplier of HBM, the high-bandwidth memory used in AI data centers. As AI demand continues to drive the chip market, SK Hynix has become one of the most closely watched names in the global AI hardware trade. Now, U.S. investors may finally have an easier way to trade the stock through its Nasdaq-listed ADR. The listing is already drawing strong interest. According to market reports, demand for the IPO has been more than 7 times oversubscribed, with participation from global funds, tech investors, sovereign wealth funds and Asian investors. Where do you think $SK hynix(SKHY)$ will close