News

BlockBeats News, July 6th, SK Hynix officially kicked off its US stock market listing marketing process this Monday, aiming to leverage the continuous enthusiasm of investors for the storage chip sector to advance its US listing. According to the disclosure document, SK Hynix plans to issue approximately 17.79 million shares of common stock corresponding to American Depositary Receipts (ADRs). Based on the closing price in the Korean market last Friday, the size of this offering is approximately $28 billion. As a leading supplier of HBM chips, SK Hynix's listing in the US has opened up an efficient financing channel for the company. According to previously disclosed regulatory filings, SK Hynix expects its ADRs to commence trading on July 10th (this Friday). Based on the current planned offering size, this ADR sale will rank among the top three largest IPOs in history (the specific amount depends on the exchange rate) and is expected to rival Saudi Aramco's $29.4 billion IPO in 2019.

BlockBeats News, July 6th, Bank of America released data stating that in June, 53% of large-cap actively managed funds outperformed the benchmark index, with small and mid-cap active funds performing even better, with outperformance rates of 71% and 91%, respectively. Bank of America pointed out that in the first half of 2026, benefiting from the strong rally of semiconductor stocks, growth-style funds overall outperformed value-style funds; while value-style funds lagged behind due to their lower allocation to semiconductor stocks.

BlockBeats News, July 6th, according to Token Terminal data, the tokenized US Treasury bond fund USTB, under the Invesco umbrella, saw a quarter-over-quarter growth of around 300% in its deposits into Aave during the second quarter. Managed by Invesco and based on Superstate's FundOS for transfer agency and tokenization infrastructure issuance, USTB demonstrates the ongoing deepening integration of Real World Assets (RWA) with DeFi protocols.