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Massive Taegeukgi Lights Up the Heart of New York City: "Thanks to SK Hynix"


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▲ Taegeukgi lighting at '270 Park Avenue' in Manhattan, New York

A massive Taegeukgi (South Korean national flag) has appeared on a skyscraper in the heart of New York City to celebrate SK Hynix's entry into the Nasdaq market.

According to industry sources on July 10, lighting shaped like the Taegeukgi was illuminated at the top of the '270 Park Avenue' building in Manhattan, New York, on the evening of July 9 (local time).

Standing at 423 meters, this building is the sixth-tallest skyscraper in New York and serves as the headquarters for JPMorgan Chase, the largest bank in the United States.

JPMorgan, alongside BofA Securities, Citigroup, and Goldman Sachs, served as the lead underwriter for SK Hynix's American Depositary Receipt (ADR) listing, which took place that day.

SK Hynix's ADR offering saw significant success, with investor demand during the book-building process exceeding the offering size by more than seven times.

(Photo: Yonhap News/Provided by SK Hynix)

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Kim Hyun-ji
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