Market news: HashKey (03887.HK) has a mid-to-high pricing strategy, and the international placement has received multiple times of coverage

According to market news, Hong Kong's first cryptocurrency stock HashKey Group (03887.HK) has an offering price range of HKD 5.95-6.95, expected to be priced at the mid-to-high end. Its public offering was oversubscribed by approximately 395 times, involving funds of about HKD 66.8 billion, attracting 89,000 participants. The international placement was also oversubscribed multiple times, supported by cornerstone investors such as UBS Asset Management, Fidelity International, and CDH Investments, and attracted several long-term funds from Europe, the United States, and Chinese state-owned enterprises for anchor subscriptions.

The stock is expected to be priced on the 15th of this month and listed on the 17th, with JPMorgan and Guotai Junan International as the sponsors.