If the market is truly "priced down" as wi

If the market is truly "priced down" as widely believed, there may be two scenarios on the first day: Scenario 1: Rebound after price suppression If the issuance is sufficiently suppressed and institutional subscription is strong, the first day may: open low and then pull back, closing at $166–185. This is the favorite scenario for the bulls. Scenario 2: Sentiment remains unrepaired, continues to break the issue price If Korean stocks remain weak and AI/semiconductor funds withdraw, the first day may: close at $150–166. The "foreign capital suppressing prices" theory has some logic, but it shouldn't be viewed solely as a conspiracy. It's more likely: weakening sentiment for Korean stocks + profit-taking in AI/semiconductors + pressure from the massive issuance + institutions taking advantage to suppress prices in a game. I personally remain cautious, believing the $150–166 or $166–185 ranges are most worth watching. An extreme surge above $210 would require very strong capital sentiment.

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Prize Contest | SK Hynix to list on NASDAQ this Friday, how high will it close on its first day?

🎁 The largest overseas company in US stock market history! SK Hynix (SKHYV.US) plans to issue 17.79 million ADRs, raising over $28 billion, officially landing on NASDAQ on the evening of July 10th Beijing time, with a reference issue price of approximately $166 per ADR (corresponding to about $1660 per ordinary share). Guess the closing price range of SKHYV on its first day (July 10th, 21:30 – 4:00 next day, Beijing time) on NASDAQ, and you can win 200 task coins! Share your operations or your long/short views in the comments, and 5 users will be selected to receive a Longbridge peripheral – a stock code mug.

🔥 Bullish logic: The IPO roadshow attracted over a thousand institutions, recording several times oversubscription, cornerstone investors intended to subscribe up to $7 billion; the company holds over 50% of the global HBM market share, is the main supplier of NVIDIA's HBM3E, AI server demand is about to materialize; this issuance is the largest overseas company's initial fundraising in US stock history, surpassing the old record set by Alibaba's New York listing in 2014, scarcity and attention are maxed out!

🧊 Bearish logic: Sudden turmoil in Korean stocks just before the listing – the Kospi index on July 8th (Wednesday) plunged by 5.7% at one point, falling nearly 20% from the high, entering a technical bear market, SK Hynix's local stock fell 5% intraday, Samsung Electronics fell nearly 7%, EWY tracking Korean stocks also plunged 4.51% yesterday (7/7); the issuance size has been reduced from the previous $29 billion to $28 billion, market doubts about the sustainability of AI capital expenditure are fermenting, the pricing window coincides with sector turmoil, the risk of breaking the issue price on the first day cannot be ruled out!

Bulls bet on institutions frantically buying + HBM monopoly supporting the premium, bears bet on Korean stock sentiment suddenly cooling, and the listing meeting a cold reception. Which range are you betting on?

📌 Statistics method: Based on SKHYV's official NASDAQ closing price on its first day.

⏰ Event deadline: July 11th, 5:00 Beijing time (before US market opens).

On SK Hynix's (SKHYV.US) first day of listing, which range did the Nasdaq closing price fall into?

Single Choice

Below $150 (more than 10% below IPO price)19%
$150–$166 (0–10% below IPO price)11%
$166–$185 (0–11% above IPO price)23%
$185–$210 (11–27% above IPO price)27%
Above $210 (more than 27% above IPO price)18%