HK Stock Market Move | HASHKEY Holdings (03887) once fell nearly 30% to a new low. The first batch of restricted shares recently welcomed the lifting of restrictions.

HASHKEY HLDGS (03887) plunged nearly 30%, hitting a new low since its IPO at 1.97 Hong Kong dollars. As of the time of writing, it fell 25.27% to 2.1 Hong Kong dollars, with a turnover of 18.08 million Hong Kong dollars. On the news front, HASHKEY HLDGS was listed on the Hong Kong Stock Exchange on December 17, 2025. The first batch of restricted shares expired the six-month lock-up period on June 17, and the company's controlling shareholders and cornerstone investors were allowed to sell their shares. It is worth noting that on June 11, HASHKEY HLDGS announced that the board had approved a share buyback plan using up to 100 million Hong Kong dollars of the company's own funds in the market until the end of the next annual general meeting of shareholders.