Woofun AI reports that the presentation materials for SK Hynix’s U.S. listing roadshow have been leaked, revealing significant institutional interest. Baillie Gifford Overseas Limited, Coatue Management, and Situational Awareness Partners have indicated intent to subscribe to American Depositary Shares at the IPO price, with total subscription value potentially reaching $7 billion.

The disclosed information states that SK Hynix pursues this listing to address valuation reassessment and capital expansion needs. The company currently trades at a forward P/E ratio of 6.2x, lower than Micron’s 7x, and a price-to-sales ratio of 3.6x, below Micron’s 4.6x, attributed to barriers for U.S. investors in Korean equities. Raised funds will support South Korean production capacity expansion, including 45.5 trillion won in capital expenditures and 11.9 trillion won for EUV lithography machine purchases.