https://k4i.com/tags/arbitrage/ Recent content in Arbitrage on k4i.com Hugo en-us Fri, 24 Jul 2026 09:41:00 +0300 https://k4i.com/sk-hynixs-51-adr-premium-is-exactly-why-i-dont-own-korean-memory-stocks/ Fri, 24 Jul 2026 09:41:00 +0300 https://k4i.com/sk-hynixs-51-adr-premium-is-exactly-why-i-dont-own-korean-memory-stocks/ <p>The same share of the same company traded at two prices this week, roughly a third apart, and there was nothing anyone could do about it. SK Hynix&rsquo;s American depositary receipts have run as much as 51% above the Seoul-listed common stock since the July 10 Nasdaq debut, settling around a 33% premium midweek. That gap is not a signal about DRAM pricing, HBM allocation, or Nvidia&rsquo;s qualification schedule. It is a plumbing failure, and the plumbing is the point.</p>