HashKey Group's IPO Oversubscribed 395 Times with 89,000 Investors

KuCoinFlash

Release Time:12/15/2025 02:42:09

HashKey Group (03887.HK), Hong Kong’s first listed digital asset market player, saw its IPO priced between HKD 5.95–6.95, likely at the upper end. The public offering was oversubscribed 395 times, with 89,000 investors contributing HKD 66.8 billion. International placement also oversubscribed, backed by UBS Asset Management, Fidelity International, and CDH Investments. The stock will price on Dec 15 and list on Dec 17, with JPMorgan and China International Securities as underwriters. Altcoins to watch may gain momentum amid rising institutional interest in the digital asset market.

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