Core Viewpoint - HASHKEY HLDGS has officially listed as the first "crypto asset stock" on the Hong Kong Stock Exchange, reflecting Hong Kong's growing acceptance of the virtual currency market [2] Group 1: Company Overview - HASHKEY HLDGS successfully listed on December 17, with an initial share price of HKD 6.68, raising approximately HKD 1.479 billion for technology upgrades, team expansion, and ecosystem partnerships [2] - The company issued about 241 million shares, with 24.057 million shares allocated for the Hong Kong public offering, which was oversubscribed by 393.71 times [3][4] - The company holds a comprehensive license portfolio with 13 licenses and supports 80 types of digital asset tokens, covering various categories including Layer-1 assets and DeFi tokens [4][5] Group 2: Market Performance - Despite being a major player in the Hong Kong digital asset trading platform market with over 75% market share, HASHKEY HLDGS's stock performance on its debut was less impressive compared to other recent IPOs [2][5] - The company reported rapid revenue growth from 2022 to 2024, with projected revenue of HKD 721 million in 2024, marking a nearly 460% increase over two years [5] - However, the company is currently unprofitable, with a projected net loss of HKD 1.19 billion in 2024 and over HKD 500 million in the first half of 2025 [5]
【IPO追踪】“加密资产第一股”登场却破发!HASHKEY成功上市