大漂亮| C Labs|Dec 17, 2025 04:19
It's currently the midday break for Hong Kong stocks. All eyes are on HashKey, which had nearly 400x IPO subscriptions, but it's still in a break-even state.
However, stock regulations are stricter, so it's harder for big players to manipulate popular stocks too blatantly.
So, a dip on the first day is actually quite common in Hong Kong stocks.
If we reverse calculate HashKey's stock price based on the $1 billion market cap of HSK tokens, it should be around $5 billion, which is approximately HK$40 billion, corresponding to a stock price of about HK$1.45...
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