HashKey Holdings' Hong Kong stock experienced significant Fluctuation on its first trading day, and new stock trading requires cautious handling.

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After HashKey Holdings officially logged in to the Hong Kong stock market, its performance can be described as turbulent. On December 21, the stock price was once under pressure during the trading session, experiencing a continuous pullback; by December 19, the stock price closed at 5.81 HKD, with a single-day rise of 3.2%, recovering from the previous trading day's 5.63 HKD, but there is still a significant gap compared to the IPO issuance price of 6.68 HKD.

The initial stage of a new stock's listing is often the phase where capital competition is most intense. Large price fluctuations and rapid changes in trading volume are common characteristics of this stage. Market participants recommend that investors closely monitor several key factors when participating in such new stock transactions: first, the trend in trading volume changes, which can reflect market participation; second, the direction of various news, including company announcements and industry news.

On an operational level, building positions in batches and reasonably setting take-profit and stop-loss levels are effective ways to reduce risk, especially to avoid being driven by market emotions to chase rises and sell on dips. The Hong Kong stock market accommodates a variety of investment products ranging from traditional finance to digital assets. Investors can flexibly allocate among multiple asset classes such as stocks, futures, and digital currency spot, while also emphasizing the importance of risk control.

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CryptoNomicsvip
· 5h ago
honestly the -13% drawdown from IPO price screams market inefficiency, but then again most retail traders wouldn't know how to model the underlying volatility distribution here. volume profile tells the real story tbh...
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GateUser-bd883c58vip
· 5h ago
The new stock fell below the issue price so quickly, how urgent must those cutting losses be?
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SmartContractRebelvip
· 6h ago
Fall below the issue price so much, can it still surge?
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