China's Zhihu starts dual primary listing in HK to raise $133m

China's Zhihu starts dual primary listing in HK to raise $133m

Shenzhen, China. Photo by Darmau Lee on Unsplash

Chinese question-and-answer website Zhihu Inc opened its bookbuilding process on Monday to raise $133 million in a dual primary listing in Hong Kong, according to its regulatory filings and a term sheet seen by Reuters.