Svmuu News: According to market reports, SK Hynix plans to issue American Depositary Receipts (ADRs) on the Nasdaq Global Select Market at a price of $166 per share, raising approximately $29.4 billion.Institutional analysts believe that U.S. investors purchasing shares at this price are effectively getting a bargain; they expect the stock price to rise by 20% and narrow the valuation gap with its competitor, Micron Technology.