SK Hynix is in dispute over a dual listing plan for its American great-grandson subsidiary Solidigm. Lee Chan-jin, director of the Korea Financial Supervisory Service, made a rare statement that the listing plan “may fall into the scope of dual listing supervision,” halting the relevant process. Currently, the market is focusing on potential regulatory penalties and their actual effects. According to news from the securities industry on the 22nd, SK Hynix is evaluating Solidigm's listing on the NASDAQ and considering Morgan Stanley and Goldman Sachs as lead underwriters. As SK Hynix's stock price plummeted, advancing the listing of Solidigm, an American great-grandson subsidiary, raised market concerns: existing shareholders' rights were being diluted and the company's profits were being diverted. The dispute over Solidigm's dual listing has spread from the regulatory level to the political arena, further increasing pressure on companies. National Power Party member Ahn Cheol-soo said on the 21st: “The day SK Hynix Solidigm goes public is the end of the Korean stock market,” and urged the National Pension Service to publicly express its opposition. Kim Han-kyu, a member of the Common Democratic Party, also posted on Facebook: “I strongly urge Hynix management to reconsider this 'dual listing' plan.”

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