Crypto Exchange HashKey Is Said to Price Hong Kong IPO Near High End of Range
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000HashKey Holdings Ltd., the operator of Hong Kong’s largest licensed cryptocurrency exchange, raised HK$1.6 billion ($206 million) after pricing its initial public offering toward the high end of the marketed range, according to people familiar with the matter. The company sold 240.6 million shares in its Hong Kong IPO at HK$6.68 each, the people said, asking not to be identified discussing a private matter. It had marketed the shares at HK$5.95 to HK$6.95 apiece. HashKey didn’t exercise an option to increase its deal size, the people added.