Jefferies: Samsung likely to follow SK Hynix by listing in the US via ADR

Odaily Planet Daily News Jefferies' head of research, Jeff Kim, said that Samsung is likely to follow SK Hynix by listing on the US market through American Depositary Receipts (ADRs), which will boost the stock prices of Korean chip manufacturers whose valuations lag behind Micron. "Chip stocks are at an inflection point. ADRs will serve as a significant catalyst to drive their valuations," he said. (Jinshi)