South Korean regulators said Solidigm, the US unit of SK Hynix, could breach domestic limits on dual listings if it pursues an IPO in the United States. Financial Supervisory Service Governor Lee Chan-jin said authorities are reviewing whether a US listing would require scrutiny under Korean law and that both the FSS and the Financial Services Commission view the move as potentially violating dual-listing rules; officials are monitoring the issue with regard to protecting SK Hynix minority share

South Korean regulators said Solidigm, the US unit of SK Hynix, could breach domestic limits on dual listings if it pursues an IPO in the United States. Financial Supervisory Service Governor Lee Chan-jin said authorities are reviewing whether a US listing would require scrutiny under Korean law and that both the FSS and the Financial Services Commission view the move as potentially violating dual-listing rules; officials are monitoring the issue with regard to protecting SK Hynix minority shareholders.