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Market News: HashKey (03887.HK) offer for sale was approximately 395 times oversubscribed, involving approximately 66.80 billion HKD

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2025-12-15 03:08:34
On December 15th, market news said that the first share of Hong Kong crypto assets, HashKey Group (03887.HK), offered a share price range of 5.95-6 HK dollars and is expected to be priced at the mid-to-high end. Its offer for sale was about 395 times oversubscribed, involving about 66.80 billion HK dollars in funds, attracting 89,000 people to participate. The international placement part was also multiple times oversubscribed. In addition to being supported by cornerstone investors such as UBS Asset Management, Fidelity International, and CDH Investments, it also attracted a number of European, American and Chinese long-term funds to anchor the subscription. The stock is expected to be priced on the 15th of this month and listed on the 17th. Sponsors are JPMorgan Chase and Guotai Junan International.
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