China's Quora-like Zhihu said to raise $300 million in secondary listing in Hong Kong
2022-01-14 08:35:17

Asian Tech Press (Jan 14) -- Zhihu Inc., the Chinese Quora-like question-and-answer website, is reportedly planning a secondary listing in Hong Kong to raise about $300 million.

Citing sources familiar with the matter, Bloomberg reported Friday that Zhihu is working with advisers to go public in the city and could file as early as this month. But details such as the size and timing of the offering are preliminary and subject to change.

Zhihu did not immediately respond to a request for comment.

The Chinese Quora-like company went public in the U.S. in March 2021, led by Credit Suisse Group AG, Goldman Sachs Group and JPMorgan Chase & Co., raising $523 million in New York IPO.

Last month, faced with rumors that it would soon seek a secondary listing in Hong Kong, Zhihu responded that it had heard no such news.

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