New Stock First Day | HASHKEY HLDGS (03887) debuts on the market with a 0.3% opening gain in the morning session. The company is the largest regional onshore platform in Asia.

HashKey Holdings (03887) has been listed on the stock exchange, with an announcement stating that the price per share is 6.68 Hong Kong dollars. A total of 241 million shares will be issued, with 400 shares per lot, resulting in net proceeds of 1.479 billion Hong Kong dollars. As of the time of writing, the stock has risen by 0.3% to 6.7 Hong Kong dollars, with a trading volume of 143 million Hong Kong dollars. Public information shows that HashKey was established in 2018 and is currently one of the 11 companies in Hong Kong holding a license for virtual asset trading platforms. According to trading volume statistics, the platform is the largest regional onshore digital asset platform in Asia, with a market share of over 75% in the Hong Kong local market. The prospectus indicates that HashKey's core businesses are trade facilitation, on-chain services, and asset management, forming a comprehensive service ecosystem covering the entire digital asset industry chain. Today, the group is a mature comprehensive digital asset company in Asia with a global presence, building a digital asset ecosystem through providing end-to-end financial infrastructure, technology, and investment management. According to Frost & Sullivan data, by trading volume in 2024, the group is the largest regional onshore platform in Asia. In addition to trading operations, the group is also the largest on-chain service provider in Asia and the largest digital asset management institution based on assets under management, highlighting the group's leadership position in various business segments.