SK hynix Seoul shares fall 15.37% after Nasdaq debut; ADR closes down 9.3% near $149 offer price

SK hynix's Seoul-listed common shares fell 15.37% on July 13, the first Korean session after the Nasdaq debut. The ADR closed that day at $152.35, down 9.32% and close to its $149 offering price. Media coverage tied the drop to a correction after steep AI-driven gains and to investors moving money toward the U.S.-listed shares, showing how far the two listings can diverge in the short run.

• Seoul shares: down 15.37%
• ADR close: $152.35, down 9.32%
• ADR offering price: $149.00
• Reason cited: AI-driven rally correction and flows into the ADR