JPMorgan Upgrades HASHKEY HLDGS to "Overweight," Keeps HK$5 Price Target

Stock News05-26

JPMorgan has released a research report upgrading its rating on HASHKEY HLDGS (03887) to "Overweight" while maintaining a target price of HK$5. Following recent meetings with HashKey's management, the firm expressed increased confidence in the company's near-term upside potential and medium-term profit development. The report noted that HashKey benefits from the still-low market penetration in Hong Kong and a continuously expanding user base, with trading volume year-to-date recording year-on-year growth. Management aims to expand gross margin by approximately 10 percentage points this year and plans to launch perpetual futures contracts within the year, alongside developing cryptocurrency options products.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1130620941?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-26 14:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1130620941","market":"sh","top_or_hot":-1,"title":"JPMorgan Upgrades HASHKEY HLDGS to \"Overweight,\" Keeps HK$5 Price Target","media":"Stock News","content":"<p>JPMorgan has released a research report upgrading its rating on HASHKEY HLDGS (03887) to \"Overweight\" while maintaining a target price of HK$5. Following recent meetings with HashKey's management, the firm expressed increased confidence in the company's near-term upside potential and medium-term profit development. The report noted that HashKey benefits from the still-low market penetration in Hong Kong and a continuously expanding user base, with trading volume year-to-date recording year-on-year growth. Management aims to expand gross margin by approximately 10 percentage points this year and plans to launch perpetual futures contracts within the year, alongside developing cryptocurrency options products.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan Upgrades HASHKEY HLDGS to \"Overweight,\" Keeps HK$5 Price Target</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan Upgrades HASHKEY HLDGS to \"Overweight,\" Keeps HK$5 Price Target\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-05-26 14:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>JPMorgan has released a research report upgrading its rating on HASHKEY HLDGS (03887) to \"Overweight\" while maintaining a target price of HK$5. Following recent meetings with HashKey's management, the firm expressed increased confidence in the company's near-term upside potential and medium-term profit development. The report noted that HashKey benefits from the still-low market penetration in Hong Kong and a continuously expanding user base, with trading volume year-to-date recording year-on-year growth. Management aims to expand gross margin by approximately 10 percentage points this year and plans to launch perpetual futures contracts within the year, alongside developing cryptocurrency options products.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EWH","symbol_name":"香港ETF-iShares MSCI","start_time":0,"source_url":"","article_id":"1130620941","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1130620941","pubTimestamp":1779775586,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"JPMorgan has released a research report upgrading its rating on HASHKEY HLDGS (03887) to \"Overweight\" while maintaining a target price of HK$5. Following recent meetings with HashKey's management,...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"EWH":"香港ETF-iShares MSCI","BK1131":"金融交易所和数据","03887":"HASHKEY HLDGS"},"translate_title":"摩根大通将HASHKEY HLDGS评级上调至“跑赢大盘”，维持目标价5港元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03887":1,"EWH":1},"content_text":"JPMorgan has released a research report upgrading its rating on HASHKEY HLDGS (03887) to \"Overweight\" while maintaining a target price of HK$5. Following recent meetings with HashKey's management, the firm expressed increased confidence in the company's near-term upside potential and medium-term profit development. The report noted that HashKey benefits from the still-low market penetration in Hong Kong and a continuously expanding user base, with trading volume year-to-date recording year-on-year growth. Management aims to expand gross margin by approximately 10 percentage points this year and plans to launch perpetual futures contracts within the year, alongside developing cryptocurrency options products.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding,express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1130620941","isCrawlerRequest":true}