HashKey is rumored to be priced at a mid-to-high range, with the international placement receiving multiple times coverage.

Techub News reports, according to Hui Gang Communications, HashKey Group (03887 HK) has set its IPO price range at HK$5.95–HK$6.95, with market expectations that the final price will lean towards the mid-to-high end of the range. The public offering recorded approximately 395 times oversubscription, with subscription funds amounting to around HK$66.8 billion and approximately 89,000 participants. The international placement also recorded multiple times oversubscription. Information shows that the international placement introduced cornerstone investors such as UBS Asset Management, Fidelity International, and CDH Investments, and attracted participation from some long-term funds in Europe, America, and China. The stock is expected to be priced on the 15th of this month and listed on the 17th, with J.P. Morgan and Guotai Junan International acting as sponsors.