HashKey's Stock Price Fluctuates in Hong Kong Gray Market Ahead of Listing

Deep News

Dec 16

Shares of HashKey Holdings Limited, Hong Kong's largest licensed cryptocurrency exchange operator, experienced volatility in the gray market before its official listing on the Hong Kong Stock Exchange on Wednesday.

On a platform operated by KGI Securities, the stock fluctuated between HK$6.1 and HK$7.3.

The company set its IPO price at HK$6.68 per share, raising a total of HK$1.6 billion (US$206 million).

Note: HashKey reportedly priced its Hong Kong IPO near the upper end of the range, securing HK$1.6 billion in funding.

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