Informed sources: HashKey IPO priced at HK$6.68, raising approximately US$206 million.

Techub News, according to Bloomberg citing informed sources, HashKey Holdings Ltd. sold 240.6 million shares at HK$6.68 per share in its Hong Kong initial public offering (IPO), raising HK$1.6 billion (approximately $206 million). Previously, HashKey set the stock price range at HK$5.95 to HK$6.95 per share. Additionally, HashKey did not exercise the option to increase the transaction size. In the transaction, the top 20 institutional entities received an allocation ratio of approximately 80% of the shares in the institutional placement portion, excluding shares already allocated to cornerstone investors.