Douglas Kim of Douglas Research Advisory said SK Hynix's successful US ADR listing removes a key hurdle that may have delayed Samsung Electronics' ADR plans — notably complex accounting treatment. SK Hynix completed its ADR issuance without major accounting issues, which should ease related concerns. Kim said if Samsung relies solely on a Korea-only listing and internal cash for funding, it could be disadvantaged in capex competition. He added SK Hynix ADRs currently trade at a premium to its Ko

Douglas Kim of Douglas Research Advisory said SK Hynix's successful US ADR listing removes a key hurdle that may have delayed Samsung Electronics' ADR plans — notably complex accounting treatment. SK Hynix completed its ADR issuance without major accounting issues, which should ease related concerns. Kim said if Samsung relies solely on a Korea-only listing and internal cash for funding, it could be disadvantaged in capex competition. He added SK Hynix ADRs currently trade at a premium to its Korea-listed shares; if that premium persists, Samsung's incentive to list in the US would grow.