HBM dominance speeds up entry into US stocks: SK Hynix will be listed as early as August, can it break through the "Korean discount"?

According to the financial news app, Zhtng Cijng, South Korean storage chip giant SK Hynix is reportedly planning to debut on the U.S. stock market as early as August this year. The U.S. Securities and Exchange Commission (SEC) is expected to approve its American Depositary Receipt (ADR) listing application in the week of June 22, as cited by informed sources from foreign media. The global leader in high bandwidth memory (HBM) deep-linked with NVIDIA AI computing power industry chain is trying to open up a financing channel for astronomical capital expenditures through listing on the U.S. stock market, while seeking to break through the long-standing problem of "valuation discount" that has plagued South Korean companies.