Hong Kong's leading crypto exchange made its market debut on Wednesday, though the reception proved rather subdued. Share prices opened with modest gains of 3%, signaling cautious investor sentiment rather than explosive enthusiasm. The lukewarm trading activity marked a shift from typical IPO euphoria, reflecting perhaps the broader market's temperament toward crypto platforms amid ongoing regulatory discussions. Trading volume remained steady but unspectacular throughout the day, as investors adopted a wait-and-see approach toward the exchange's long-term prospects.