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Woofun AI reports that mutual conversion between SK Hynix American Depositary Receipts and its Korean common stock will commence after the 29th, following the scheduled listing of new shares. The Korea Securities Depository confirmed the mechanism, noting that converting common stock into ADRs is constrained by issuer-defined issuance limits, whereas the reverse process faces no such cap.
Industry observers indicate that individual investors will face significant execution barriers. The process requires separate applications through brokerage firms and involves foreign currency exchange procedures. Unlike standard equity trades, conversions cannot be executed instantly via mobile or online trading platforms due to varying broker processing methods.