X @The Block
The Block·2025-12-09 05:20
RT Danny Kunwoong Park (@ParkKunwoong)HashKey (@HashKey_Global) launched its Hong Kong IPO today🇭🇰Here's the breakdown:- Offering 240.57m shares — 24.06m is offered to HK buyers, rest to overseas- Price range: HK$5.95 to HK$6.95 ($0.76 to $0.89) per share- IPO could deliver max. $215m, Hashkey expects $184m- Proceeds: 40% to tech+infra / 40% to market+partnership expansion / rest to risk management, working capital, etc.- Final pricing announced on 12/16, trading on HKEX starts 12/17 (code: 3887) ...