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HashKey(03887.HK) to be Priced at Mid to High Range, International Placement Oversubscribed Multiple Times
Summary: According to market sources, Hong Kong's leading cryptocurrency asset company HashKey Group (03887.HK) is expected to be priced in the range of 5.95-6.95 Hong Kong dollars, targeting a mid to high range pricing. Its public offering has received approximately 395 times oversubscription, involving around 66.8 billion Hong Kong dollars and attracting 89,000 participants. The international ...
According to market sources, Hong Kong's leading cryptocurrency asset company HashKey Group (03887.HK) is expected to be priced in the range of 5.95-6.95 Hong Kong dollars, targeting a mid to high range pricing. Its public offering has received approximately 395 times oversubscription, involving around 66.8 billion Hong Kong dollars and attracting 89,000 participants. The international placement portion has also been oversubscribed multiple times, with support from cornerstone investors such as UBS Asset Management, Fidelity International, and DHVC Investment, as well as attracting several top long-term funds from Europe, the US, and China.
The stock is expected to be priced on the 15th of this month and listed on the 17th, with J.P. Morgan and Citi as the joint sponsors.
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Link: HashKey(03887.HK) to be Priced at Mid to High Range, International Placement Oversubscribed Multiple Times [Copy]
