Why is HashKey able to become Hong Kong's "Number One Crypto Stock"?Author | Guo Fangxin, Li Xiaobei
Introduction
On December 1, 2025, a major news story broke: According to the Hong Kong Stock Exchange (HKEX) disclosure, HashKey, as one of the first licensed virtual asset service providers (VATP) in Hong Kong, officially passed the HKEX listing hearing.
As early as one or two months ago, the market was buzzing with internal rumors that HashKey was preparing to go public. On December 1, HashKey passed the hearing and released the "Post-Hearing Document Set." Many mainland readers might wonder: At what stage is HashKey's listing?
From a legal perspective, the HKEX conducted comprehensive due diligence and review on HashKey’s basic information, including its underlying business structure, complex compliance systems, financial status, and corporate governance structure. This essentially recognizes HashKey's entry into the mainstream capital market, just one step away from listing.
HashKey released on HKEX Disclosure Platform
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