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Bloomberg Podcasts · SK Hynix Raise, Hua Hong Boost, Softbank Up | Stock Movers
- 1. SK Hynix raised $2.65 billion in a US ADR offering, the largest US listing by a foreign company and the world's third biggest listing ever.
- 2. China's memory chip maker CXMT is planning an IPO next week seeking up to $4.3 billion, which would be China's biggest IPO this year.
- 3. Hua Hong Semiconductor shares jumped about 7% on optimism ahead of CXMT's IPO.
- 4. Japan is the only Asian market drawing net inflows this year, boosted by the GPIF pension fund's likely increased investment in domestic assets.