2025-12-15 02:35:09

Another new face has appeared in the Hong Kong stock market. HashKey Group's IPO price range is set at HKD 5.95 to HKD 6.95. Industry insiders are generally optimistic, believing that the final transaction price will lean towards the higher end. During the public offering phase, it was extremely popular, with an oversubscription of about 395 times, meaning investors poured in HKD 66.8 billion in subscription funds. The number of participants in the subscription reached 89,000, enough to demonstrate how high the market's expectations are for this exchange. What does this data reflect? The institutionalization process of the crypto industry is accelerating, with more leading platforms officially entering the traditional capital markets.

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GasFeeAssassin

· 8h ago

395x subscription... This level of enthusiasm is truly incredible. It feels like the crypto world is finally being taken seriously by the mainstream market.

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WalletsWatcher

· 21h ago

Hong Kong stock licenses are really becoming more attractive. The 395x subscription makes my eyes dizzy. This is a clear signal of institutional entry.

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ImpermanentTherapist

· 12-15 02:59

395x subscription, 66.8 billion invested... This level of enthusiasm is really crazy, institutions are all rushing in.

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All-InQueen

· 12-15 02:58

66.8 billion HKD subscription funds? This hype is outrageous, is crypto really about to go mainstream?

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MEV_Whisperer

· 12-15 02:45

395x subscription, HKD 66.8 billion... This is truly crazy. Now crypto is finally officially entering traditional finance.

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OldLeekNewSickle

· 12-15 02:45

395x oversubscription, 89,000 people queuing, this heat... Ah, once again it's the opening of a leek-cutting feast --- Institutionalization process, listing on the capital market, sounds grand, but honestly it’s just project teams finding new ways to harvest --- HKD 66.8 billion invested, I bet five bucks that after listing, someone will definitely lose enough to doubt life --- Look at this distribution of chips, the final bagholders are still retail investors --- Pricing towards the high end? Ha, it's been pre-booked, just waiting for us to verify --- 89,000 people... another 89,000 potential leek-cutting targets, I find this data quite satisfying --- The fire is indeed hot, but be careful with this fire, brother --- Institutionalization in the crypto industry = more professional leek-cutting, this logic checks out --- 395x subscription, it shows everyone wants to get on the train, just don’t know who will be the last to get off --- Wow, this time even Hong Kong stocks have fallen, traditional finance has also started copying the leek-cutting tricks

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just_another_fish

· 12-15 02:44

395x oversubscription is really outrageous. This hype could drive the market to the moon.

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DegenGambler

· 12-15 02:43

A 395x subscription is just crazy. How many people are chasing this? HKD 66.8 billion directly poured in. It seems that the crypto sector truly has strong money-raising capabilities.

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