HashKey Holdings (Stock Code: 03887), the parent company of HashKey Exchange, a HK-licensed virtual asset trading platform preparing for a HKEX listing, has attracted robust demand in its international placement from long‑term funds including international and Chinese institutions.

Brokerage data shows total subscription funds via channels reaching approximately HK$24.898 billion, while the public offering stands at HK$167 million, implying an oversubscription near 148.9x.

The subscription process is scheduled to close on December 12, with market participants watching for final allocations amid sustained institutional demand.

The listing aims to expand access to digital asset trading within Hong Kong’s regulatory framework, signaling a measured step forward for the regional crypto ecosystem and investor diversification.