Market news: HashKey (03887.HK) is priced at the mid-to-high end, and its international placement has been oversubscribed multiple times.

PANews reported on December 15th that, according to market sources, HashKey Group (03887.HK), the first Hong Kong-listed cryptocurrency company, has set its offering price range at HK$5.95-6.95, with an expected mid-to-high price. Its public offering was oversubscribed by approximately 395 times, involving funds of approximately HK$66.8 billion and attracting 89,000 participants. The international placement was also heavily oversubscribed, attracting cornerstone investors such as UBS Asset Management, Fidelity International, and CDH Investments, as well as several leading long-term funds from Europe, the US, and China. The stock is expected to be priced on December 15th and listed on December 17th, with JPMorgan Chase and Guotai Junan International as sponsors.