SK Hynix ADR Soars as Domestic Shares Plunge, Sparking Investor Confusion

SK Hynix's American Depositary Receipts (ADRs) surged above their IPO price on the U.S. market, while domestic shares collapsed below 2 million won, creating conflicting price trends and investor uncertainty. The ADRs gained traction due to institutional demand and AI semiconductor investor sentiment, whereas domestic shares fell amid profit-taking and weak market sentiment. Analysts attribute the divergence to differences in market structure and investor composition between U.S. and Korean markets.