LATEST: 🇰🇷SK hynix’s U.S. ADRs traded at a 29% premium to their Korean equivalent on Friday, showing how aggressively U.S. investors are chasing the AI memory-chip trade.
Conversion restrictions prevent normal arbitrage from closing the gap, allowing limited U.S. supply and AI enthusiasm to override price parity, WSJ reports.
Conversion restrictions prevent normal arbitrage from closing the gap, allowing limited U.S. supply and AI enthusiasm to override price parity, WSJ reports.