Jefferies: Samsung Electronics May Follow SK Hynix’s Lead in ADR Listing to Boost Valuation

Odaily Planet Daily News Global semiconductor companies are seeking opportunities for valuation restructuring during this cyclical upturn. SK Hynix’s issuance of ADRs in the US can be seen as one of the landmark moves, which is also expected to trigger further follow-up actions from other companies in the industry. Jefferies stated that Samsung Electronics may follow SK Hynix’s lead and list via ADR to enhance its valuation. He also added that chip stocks are at an inflection point, and ADRs will serve as a key catalyst to drive their valuations. (Moomoo)