PANews reported on December 15th that, according to Bloomberg, HashKey, a licensed cryptocurrency exchange in Hong Kong, priced its IPO at HK$6.68 per share on the Hong Kong Stock Exchange, close to the upper limit of the offering range (HK$5.95–6.95). A total of 240.6 million shares were offered, raising a total of HK$1.6 billion (approximately US$206 million). The top 20 institutional investors were allocated approximately 80% of the institutional shares, resulting in a high overall subscription rate. The company will list on Wednesday, and the funds raised will be used to expand its technology, recruit talent, and strengthen risk control.