HashKey Shares Drop 3% in Disappointing Hong Kong Debut Despite $200M Raise

CryptoNews.comDecember 17, 2025

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HashKey Holdings closed 3% below its IPO price of HK$6.68 in its Hong Kong debut despite raising $206 million and attracting oversubscription from institutional and retail investors, as the city's largest licensed crypto exchange navigates broader market headwinds with bitcoin down 36% from October highs. The post HashKey Shares Drop 3% in Disappointing Hong Kong Debut Despite $200M Raise appeared first on Cryptonews.

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