You can't buy Samsung stock in the United States as easily as you can for any other company listed in the country. Samsung Electronics' stock primarily trades in South Korea and the company is yet to make an instrument available for investors in the US.
That could change. Samsung is reportedly considering listing American Depositary Receipts (ADRs) in the US after its cross-town rival SK Hynix raised $26.5 billion by listing its ADRs on the NASDAQ last week.
Market is too hot to ignore the opportunity
Like Samsung, SK Hynix is one of the few companies taking full advantage of the memory supercycle. The company has capitalized on this by issuing ADRs to tap into US equity markets. SK Hynix raised $26.5 billion through its ADR listing, making it the second biggest share sale ever in the United States.
Bloomberg reports that Samsung Electronics may follow SK Hynix's lead here. It's reportedly in the early stages of exploring a potential ADR offering. The company is believed to have held preliminary discussions with banks but no final decision has been made yet.
The company has considered the option of listing ADRs once before but it didn't go through with the plan. The pull may be harder to resist this time around, particularly given that SK Hynix's listing has shown that considerable sums of money can be raised by tapping into the appetite of US equity investors.
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