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Macro US Stocks

Korean Retail Investors Flock to SK Hynix ADR, Causing 46.67% Premium

South Korean retail investors have heavily bought SK Hynix’s Nasdaq-listed ADR since July 10, with net purchases of about $835 million (1.16 trillion won) by August 19, ranking second among US stocks. This has driven the ADR to a 46.67% premium over the domestic shares, as the price gap widened.

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