SK hynix ADR Premium Nears 40% After Inclusion in U.S. Semiconductor Indices

SK hynix's ADR premium over its domestic common shares reached 38.90% as of Sept. 21, up from a monthly average of 30.67% in July. The rise follows the ADR's inclusion in major U.S. semiconductor ETFs, including SMH, SOXX and SOXL.

• ADR premium hit 38.90% on Sept. 21 vs 30.67% monthly average in July
• SK hynix ADR weight in SMH reached 4.60%, valued at about $3.34 billion
• SOXX weight is 3.18% ($1.53 billion), above TSMC's 2.97%
• Estimated demand from semiconductor and NASDAQ-100 ETFs: $340M and $450M