SK Hynix's American Depositary Receipts were listed for only three days, and the premium over the company's Korean-listed shares soared to more than 50%. These ADRs rose 27% on Tuesday, not only recovering the previous day's loss of 9.3%, but also a lot more. According to the data, this makes their premium over common stock in the Seoul market as high as 51%, far higher than the 3% premium margin when the $26.5 billion ADR offering was priced last week.

SK Hynix's American Depositary Receipts were listed for only three days, and the premium over the company's Korean-listed shares soared to more than 50%. These ADRs rose 27% on Tuesday, not only recovering the previous day's loss of 9.3%, but also a lot more. According to the data, this makes their premium over common stock in the Seoul market as high as 51%, far higher than the 3% premium margin when the $26.5 billion ADR offering was priced last week.