--- title: "Weekly Recap | HASHKEY HLDGS -4.23%, most brokers rate it buy" type: "News" locale: "en" url: "https://longbridge.com/en/news/302947356.md" description: "HashKey Holdings (HASHKEY HLDGS) fell 4.23% this week to close at HK$1.925, versus a 4.52% decline for the Hang Seng Index, leaving the stock roughly 0.29 percentage points stronger than the benchmark. The week was choppy with an 11.36% intraday range. Monday (19 October) opened at 2.025 and hit the week’s high of 2.080 before sliding to close at 1.960. Tuesday (20 October) gapped lower and traded to 1.870 before closing at 1.930. Wednesday (21 October) extended the down-move to 1." datetime: "2026-10-24T05:33:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/302947356.md) - [en](https://longbridge.com/en/news/302947356.md) - [zh-HK](https://longbridge.com/zh-HK/news/302947356.md) generator: "portal-rs" --- # Weekly Recap | HASHKEY HLDGS -4.23%, most brokers rate it buy ## The Week HashKey Holdings (HASHKEY HLDGS) fell 4.23% this week to close at HK$1.925, versus a 4.52% decline for the Hang Seng Index, leaving the stock roughly 0.29 percentage points stronger than the benchmark. The week was choppy with an 11.36% intraday range. Monday (19 October) opened at 2.025 and hit the week’s high of 2.080 before sliding to close at 1.960. Tuesday (20 October) gapped lower and traded to 1.870 before closing at 1.930. Wednesday (21 October) extended the down-move to 1.855 and closed at 1.885. Thursday (22 October) brushed the week’s low of 1.850 before recovering to 1.925. Average daily volume of 1.17m shares was 39.44% below the 60-day median, pointing to a quiet tape. ## Key Events Company-specific news was concentrated on Friday. On 23 October, HashKey Capital said it plans to launch a Bitcoin hashrate fund, and separately said traditional finance is gaining pricing power in crypto markets. Earlier in the week, on 21 October, Hong Kong market commentary flagged a group of five so-called ‘internet tech’ stocks whose common feature is a buyback habit, with HashKey Holdings included among small-cap names tied to exchange and data businesses. That coverage was market-level discussion rather than a company announcement of a buyback or product update. Overall, the week’s company news centred on HashKey Capital’s remarks around crypto hashrate and traditional finance pricing power. ## Analyst Ratings Across six covering institutions, two rate the stock buy, two overweight, one hold, and one has no opinion; none rate it underweight or sell. The consensus recommendation is buy, with a consensus target price of HK$4.68, about 143.12% above the latest price of HK$1.925. Individual target prices range from HK$3.200 to HK$7.000, a wide spread that suggests meaningful disagreement on valuation. Within its industry group of financial exchanges and data, the stock ranks 2nd out of 6 names. ## The Week Ahead The next scheduled corporate event is the Q3 FY2026 earnings release on Friday, 27 November, after the market close, with the FY2026 annual report due on Thursday, 25 March 2027, after the close. There are no company-specific releases slated for the coming week. The nearer-term watchpoints are whether crypto-related pricing sentiment holds and whether HashKey Capital’s Bitcoin hashrate fund plans show further follow-through. ## In Short The stock tracked Hong Kong’s broader pullback this week on notably thinner volume. Against that, the sell-side consensus sits at buy with a target price well above spot, while the latest session’s flow snapshot shows net selling in medium-sized orders. With negative EPS and a PB around 2.180x, the stock lacks an easy earnings-based valuation anchor. The key question is whether the high sell-side targets are validated by earnings or product updates, and whether crypto-linked developments reignite trading activity. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [03887.HK](https://longbridge.com/en/quote/03887.HK.md) ## Related News & Research - [HashKey signs framework agreement for possible buyout of Asia Pacific Exchange](https://longbridge.com/en/news/294175658.md) - [Crypto Strategist Who Nailed 2025 Bitcoin Top Warns BTC Could Drop Below $70,000 – Here’s His Price Target](https://longbridge.com/en/news/302980144.md) - [Results: Billerud AB (publ) Exceeded Expectations And The Consensus Has Updated Its Estimates](https://longbridge.com/en/news/302983070.md) - [Zhaojin Mining Industry (SEHK:1818) Reshuffles Leadership And Posts Softer Earnings, Is It A Bargain?](https://longbridge.com/en/news/302973979.md) - [Kuehne + Nagel International AG - Depositary receipt consensus price target raised 13.43% to $52.60](https://longbridge.com/en/news/302982717.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**