Nasdaq President: SK Hynix's popular listing paves the way for more overseas listings

On July 11, NASDAQ President Nelson Griggs said that SK Hynix's popular listing prompted other international companies to consider conducting initial public offerings or selling American depositary receipts in the United States. Griggs pointed out that foreign issuers interested in entering the U.S. market can be divided into two categories: early-stage companies that have not yet listed in any market, and mature companies that already have local listings and are considering issuing additional American Depositary Receipts (ADRs).