On the 10th (local time), SK Hynix finished trading with an increase of about 13% compared to the initial public offering price on the first day of its listing on Nasdaq. According to Yahoo Finance, SK Hynix's stock depository receipt (ADR) closed at $168.49 on this day. This is 13.08% higher than the public offering price ($149). SK Hynix ADR began trading at $170 on this day. This is a 2.7% premium compared to the average stock price over the last three trading days in the Korean stock market. SK Hynix's public offering volume was 177.9 million shares, and through this IPO, SK Hynix raised approximately $26.5 billion (approximately 40 trillion won). According to Reuters, demand for public offering exceeded seven times the amount offered. SK Hynix ADR will begin conditional trading (when-issued trading) under the stock code ‘SKHYV’ on the Nasdaq Global Select Market on this day, and the stock code will be changed to ‘SKHY’ when regular trading begins on the 13th. Recently, memory semiconductor stocks have shown a bear market, but there is a shortage of semiconductors for memory and storage devices.