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SEOUL: SK Hynix shares dropped more than 10 per cent in early Seoul trade on Monday (Jul 13) as investors booked profit, after a high-profile US listing saw the world’s leading AI memory chipmaker surge 12.8 per cent in its NASDAQ debut on Friday.The South Korean firm raised over US$26 billion selling American Depositary Receipts priced US$149 each. The ADRs opened 14 per cent above the offer price at US$170 before ending their first trading day with a 12.8 per cent gain.In Seoul on Monday, the benchmark KOSPI was trading down more than 5 per cent. Ryu Young-ho, a senior analyst…
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