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[South Korea States It Will Prepare for Foreign Exchange Inflows from SK Hynix ADR] According to a report by Jinse Finance on July 3, informed sources revealed that South Korean officials are preparing for the inflow of funds from SK Hynix's issuance of American Depositary Receipts (ADR), which could happen as early as Friday. The sources stated that the $29 billion ADR listing will be settled on July 14, after which the funds may flow into the South Korean market. The sources also mentioned that the South Korean government expects Hynix to begin hedging against these inflows in advance, most likely through the forward market. A spokesperson for Hynix said the company is considering various options but declined to disclose specific details. (Jin10)

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