SK Hynix prepares U.S. listing at $166 per share — here's why HSBC says it could be worth 20% more

SK Hynix is gearing up for a significant U.S. listing with an initial share price set at $166, and HSBC analysts believe this move could boost its valuation by up to 20%. They argue that this listing will help close the valuation gap with its chief competitor, Micron Technology. The analysts suggest that Hynix's entry into the U.S. market could strengthen its global standing and increase its competitive edge in the lucrative semiconductor industry.