TechFlow, December 15 — According to market news, Hong Kong's first crypto asset stock HashKey Group (03887.HK) has set its share price range at HK$5.95–6.95, expected to be priced at the upper end of the range. Its public offering was oversubscribed by approximately 395 times, involving about HK$66.8 billion in funds and attracting 89,000 participants.
The international placement portion was also multiple times oversubscribed, attracting cornerstone investments from UBS Asset Management, Fidelity International, CDH Investments, as well as anchor subscriptions from multiple leading long-term funds from Europe, the US, and China.
The stock is expected to be priced on December 15 and listed on December 17, with J.P. Morgan and Guotai Junan International serving as joint sponsors.
