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BLOOMBERG: SK HERCULES ADR EXPECTS THE OPENING PRICE TO TOUCH $175, ABOUT 17% HIGHER THAN THE RELEASE PRICE OF $149
ACCORDING TO BLOOMBERG, THE MARKET PRE-MARKET OFFER SHOWS THAT AS OF 9.56 A.M. NEW YORK TIME THIS FRIDAY, THE EXPECTED OPENING PRICE OF THE SK HERCULES AMERICAN DEPOSITORY CERTIFICATE (ADR) HAS TOUCHED APPROXIMATELY $175, ABOUT 17 PER CENT HIGHER THAN THE ISSUING PRICE OF $149. THE PREVIOUS RELEASE OF AN ADR OF $26.5 BILLION BY SK HERCULES HAD CREATED A RECORD LEVEL OF FOREIGN-OWNED FINANCING ON THE UNITED STATES MARKET, WHICH MIGHT BE AN IMPORTANT INDICATOR FOR GLOBAL INVESTOR OBSERVATION OF THE AI SEMICONDUCTOR BOOM. MAINTAINING A STRONG TREND AFTER LISTING MAY ALSO FURTHER INCREASE THE ATTRACTIVENESS OF ASIAN SCIENCE AND TECHNOLOGY ENTERPRISES TO FINANCE THROUGH UNITED STATES CAPITAL MARKETS。
