$re = '/(?<![\p{L}0-9])([##][·・ー_0-90-9a-zA-Za-zA-Zぁ-んァ-ン一-龠]{1,24})(?![\p{L}0-9])/u';
$str = 'Hashtag must be started with # character.
Hashtag will be detected by space character and other special characters (!,@,&,*,%,$).
Example 1: Hello#guys. This is a #test. -> Valid hashtag: #test.
Example 2: Hello#guys. This is a #test!#message. -> Valid hashtag: #test and #message
Example 3: Hello#guys. This is a #test #message. -> Valid hashtag: #test and #message
Example 4: Hello#guys. This is a #test#message. -> Valid hashtag: #test
Example 5: #asdasdasdasdasdasdasdasdasd -> Valid hashtag: none
Example 6: # -> Valid hashtag: none
#日本語#asd => Valid hashtag should be #日本語
#日本語日本語日本語日本語日本語日本語日本語日本語日本語 => Will not a valid hashtag';
preg_match_all($re, $str, $matches, PREG_SET_ORDER, 0);
// Print the entire match result
var_dump($matches);
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for PHP, please visit: http://php.net/manual/en/ref.pcre.php