Crypto exchange HashKey said to price Hong Kong IPO near high end of range — Bloomberg

Dave Sebastian / Bloomberg12-15

The company sold 240.6 million shares in its Hong Kong IPO at HK$6.68 each, the people said, asking not to be identified discussing a private matter.(Dec 15): HashKey Holdings Ltd, the operator of ...

Source Link

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/2591869219?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-15 07:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2591869219","market":"hk","top_or_hot":-1,"title":"Crypto exchange HashKey said to price Hong Kong IPO near high end of range — Bloomberg","media":"Dave Sebastian / Bloomberg","content":"<div>\n<p>The company sold 240.6 million shares in its Hong Kong IPO at HK$6.68 each, the people said, asking not to be identified discussing a private matter.(Dec 15): HashKey Holdings Ltd, the operator of ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/ipo/crypto-exchange-hashkey-said-price-hong-kong-ipo-near-high-end-range-bloomberg?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","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>Crypto exchange HashKey said to price Hong Kong IPO near high end of range — Bloomberg</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\">\nCrypto exchange HashKey said to price Hong Kong IPO near high end of range — Bloomberg\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-15 07:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/ipo/crypto-exchange-hashkey-said-price-hong-kong-ipo-near-high-end-range-bloomberg?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Dave Sebastian / Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The company sold 240.6 million shares in its Hong Kong IPO at HK$6.68 each, the people said, asking not to be identified discussing a private matter.(Dec 15): HashKey Holdings Ltd, the operator of ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/ipo/crypto-exchange-hashkey-said-price-hong-kong-ipo-near-high-end-range-bloomberg?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"91318","symbol_name":"HashKey Holdings Limited（临时代码）","start_time":0,"source_url":"https://www.theedgesingapore.com/news/ipo/crypto-exchange-hashkey-said-price-hong-kong-ipo-near-high-end-range-bloomberg?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2591869219","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/news/ipo/crypto-exchange-hashkey-said-price-hong-kong-ipo-near-high-end-range-bloomberg?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2591869219","pubTimestamp":1765756595,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"The company sold 240.6 million shares in its Hong Kong IPO at HK$6.68 each, the people said, asking not to be identified discussing a private matter.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"91318":"HashKey Holdings Limited（临时代码）","IPO":"Renaissance IPO ETF"},"translate_title":"加密货币交易所HashKey称香港IPO定价接近区间高端-彭博社","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"91318":1.5,"IPO":1},"content_text":"The company sold 240.6 million shares in its Hong Kong IPO at HK$6.68 each, the people said, asking not to be identified discussing a private matter.(Dec 15): HashKey Holdings Ltd, the operator of Hong Kong’s largest licensed cryptocurrency exchange, raised HK$1.6 billion (US$206 million, or $265.8 million) after pricing its initial public offering (IPO) towards the high end of the marketed range, according to people familiar with the matter. \n\nThe company sold 240.6 million shares in its Hong Kong IPO at HK$6.68 each, the people said, asking not to be identified discussing a private matter. It had marketed the shares at HK$5.95 to HK$6.95 apiece. HashKey didn’t exercise an option to increase its deal size, the people added. \nThe top 20 entities in the deal got allocations for about 80% of the shares available in the institutional tranche, excluding shares already given to cornerstone investors, the people said. Overall, investors expressed interest for multiple times the number of shares available, they said. \nHashKey didn’t immediately respond to a request for comment.\nThe IPO’s performance will be a key test of Hong Kong’s push to become a regional hub for digital assets. HashKey is also part of the last wave of companies driving a strong year for listings, with proceeds on pace to hit a four-year high. Its debut would come at a volatile time for crypto, with bitcoin having fallen around 30% from a record high in October.\nHashKey was one of the earliest crypto exchanges to be licensed in Hong Kong, after the city unveiled a dedicated digital-asset regime in 2022. Its businesses span crypto trading, venture capital and asset management. Proceeds from the IPO will go towards scaling its technology and infrastructure, hiring talent and bolstering risk controls, the company said.\nThe company’s shares are set to debut Wednesday. JPMorgan Chase & Co and Guotai Junan are joint sponsors of the IPO.\nUploaded by Liza Shireen Koshy","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":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,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","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/2591869219","isCrawlerRequest":true}