J.P. Morgan: Samsung is Likely to Follow SK Hynix in U.S. Listing via ADR
BlockBeats News, June 25th - Jeff Kim, Research Director at JFROTH, stated that Samsung is very likely to follow SK Hynix's example and list on the US market through American Depositary Receipts (ADRs), which will boost the valuation of the Korean chipmaker whose stock price has lagged behind Micron.
He mentioned, "Chip stocks are at a turning point. ADRs will be a key catalyst to boost their valuation."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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