Saxo Bank: SK Hynix's upcoming ADR listing will be a test of investor sentiment
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```htmlGolden Ten Data reported on July 7 that Charu Chanana, Chief Investment Strategist at Saxo Bank, stated in a report that following the recent correction in the storage chip sector, SK Hynix's upcoming ADR listing will be a test of investor sentiment. Although Samsung predicts another record-breaking quarter driven by strong demand, Samsung Electronics fell by 6.9% on Tuesday, and SK Hynix declined by 6.1%. SK Hynix’s ADR listing “introduces a large amount of new, AI-related stock supply to the market, just as investors are questioning whether shares of AI infrastructure companies have risen too far.” Meanwhile, SK Hynix is raising funds to expand capacity, which could shift storage chips from shortage to oversupply. Strong demand for SK Hynix ADR would indicate that global investors still seek more direct exposure to AI storage chips, while weak demand would suggest that enthusiasm for AI is becoming more selective.```
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