#HSK The situation for hsk is quite difficult right now; the exchange has little volume and is just a shell. It is estimated that it may take until registration is possible in the mainland for a significant rise in the market (and this is just a possibility). It really depends on the country's policies and regulations, which may lead to a downward movement for several months or even years...

Moreover, the reputation of the founder of HSK is not very good.
Moreover, there are too many exchanges now. Unless you spend a lot of money to attract customers, but hsk is quite poor and even used hsk to pay salaries before. Last time, cz spoke at the conference in Hong Kong: It costs 1 billion USD to build a new large exchange now.

Moreover, Hong Kong has another licensed exchange, osl, which is in competition with hsk.