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Story summary
- HashKey Holdings Ltd., Hong Kong's largest licensed cryptocurrency exchange, raised HK$1.6 billion through its initial public offering.
- HashKey priced shares at HK$6.68 each.
- HashKey offered 240.6 million shares, with oversubscription rates nearly 393 times for retail investors and 5 times for institutional investors.
- HashKey will use the proceeds to enhance technology and risk controls.
- HashKey's shares debut on December 17.
