Hong Kong's largest cryptocurrency exchange IPO encounters a chill, dropping nearly 3% on the first day
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Hong Kong's largest licensed cryptocurrency exchange HashKey listed on the Hong Kong Stock Exchange on Wednesday, with its stock price rising by as much as 6% on the first day, currently down nearly 3%. This IPO raised approximately HKD 1.6 billion, with the issue price close to the upper end of the offering price range. The volatility of the global cryptocurrency market affects investor sentiment, and HashKey's moderate start reflects a cautious market attitude
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