SK Hynix completed a secondary listing on Nasdaq, pulling in $26.5 billion in what the Financial Times and BBC News describe as the biggest US debut ever achieved by a foreign company.
The South Korean memory chipmaker's shares began trading on Friday, July 11. The company carries a valuation above $1 trillion, the Financial Times reported.
Wall Street banks stood to collect roughly $140 million in fees from the transaction. The offering ranked among the largest public share sales in history.