SK Hynix(SKHY.US) prices its US IPO at $149/ADR, raising a total of $26.5 billion.

Zhtng Cijng APP huzh, jzh qngrn tul, jn Gu j gji bdng jid, Hn gu cnch chp zhzo shngsh SK Hilsh (SKHY.US) rng xing tuz zh biosh, jhu jing q migu shngsh de migu cn tu pngzhng (ADR) fxng ji dngwi mi fn 149 miyun, bi sh Hn gu shur shngsh ptng g zhus shupn ji yji yu 3.1% According to the Zhtng Cijng APP, as informed by insiders, despite recent large fluctuations in stock prices, Korean memory chip manufacturer SK Hynix (SKHY.US) still told investors that it plans to set the issuing price of its American Depositary Receipts (ADRs) for its US listing at $149 per share, a premium of about 3.1% over the closing price of its regular shares listed in Seoul, South Korea on Thursday.