Photo: AFP “Many times I see people asking which kind of girls are more appealing to boys, and the trending topics are filled with gossip and entertainment,” said Sun. HONG KONG, March 26 (Reuters) - Chinese question and answer website Zhihu Inc raised $523 million in its U.S. initial public offering (IPO) after pricing its shares at $9.50 each, according to two sources with direct knowledge of the matter.. Zhihu sold 55 million American Depository Shares (ADS) at the bottom of the $9.50 to $11.50 range the stock was marketed … The company sold 55 million shares after marketing them for … SHANGHAI, March 26, 2021 /PRNewswire/ -- Qiming Venture Partners' portfolio company Zhihu (NYSE: ZH) on March 26th EST listed on the New York Stock Exchange.The issue price is US$9.5/ADS. Zhihu’s IPO was the third-largest by a Chinese company on a U.S. exchange this year, after e-cigarette maker RLX Technology Inc. and software firm Tuya Inc. raised $1.6 billion and $915 million, respectively.Zhihu is the largest Q&A online community in China by both average mobile monthly active users and revenue, according to its prospectus. Zhihu Inc. Announces Pricing of Initial Public Offering. 09:13 AM ET. Zhihu said in a filing with the Securities and Exchange Commission that it anticipates an IPO price per ADS between $9.50 and $11.50. Friday, March 19, 2021. Discover new investment ideas by accessing unbiased, in-depth investment research, NYSE - Nasdaq Real Time Price. The ADSs are expected to begin trading on the New York Stock Exchange today under the ticker symbol "ZH." The issue price is US$9.5 /ADS. 26, 2021 at 11:53 a.m. The aggregate offering size of the IPO and the … Zhihu Inc (NYSE: ZH) reported first-quarter FY21 revenue growth of 154.2% year-on-year to $73 million (RMB478.3 million), beating the analyst consensus of $70.88 million. HONG KONG (Reuters) - Chinese question and answer website Zhihu Inc raised $523 million in its U.S. initial public offering (IPO) after pricing its shares at $9.50 each, according to two sources with direct knowledge of the matter. This press release contains forward-looking statements. Select "sell" rather than "buy". Fund performance data provided by Lipper. How to short and sell Zhihu shares. "ZH.US" Choose your position size. Email: zhihu@tpg-ir.com, Zhihu Inc. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Filed 2021-03-05 Terms Added 2021-03-19: For IPO Boutique's "scale of 1 to 5" BUY rating on Zhihu, Inc., and our comprehensive analysis, click "Buy Market Research. On March 26, EDT, Zhihu, China’s largest Q & a online community, was officially listed on the New York Stock Exchange with the stock code of “zh”. BEIJING, May 17, 2021 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH), the operator of Zhihu, a leading online content community in China, today announced its unaudited financial results for the first quarter ended March 31, 2021.. First Quarter 2021 Highlights. The high price target for ZH is $16.00 and the low price target for ZH is $15.60. By Scott Murdoch. The company had said before the open that the IPO… announces pricing of initial public offering.zhihu - priced ipo of 55 million adss at us$9.5 per ads. Brilliant Car Cleaning Hacks Local Dealers Wish You Didn’t Know. Zhihu is also recognized as the most trustworthy online content community and widely regarded as offering the highest quality content in China, according to a survey conducted by CIC. Purchase now or later. Concurrently with the offering, some investors agreed to purchase $250 million in Class A ordinary shares. 02:15 PM ET. There are currently 713,648 Zhihu shares held short by investors – that's known as Zhihu's "short interest". The stock code is "ZH". The stock closed at US$8.5 /ADS on the first trading day, with a market cap of about US$4.75billion.. Zhihu is an online Q&A community that has attracted a wide array of content creators. BEIJING, March 26, 2021 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH), an iconic online content community in China, today announced that it has priced its initial public offering (the "IPO") of 55,000,000 American depositary shares ("ADSs"), at US$9.5 per ADS. Zhihu (Zhihu: ZH) stock research, analysis, profile, news, analyst ratings, key statistics, fundamentals, stock price, charts, earnings, guidance and peers. China International Capital Corporation Hong Kong Securities Limited, CMB International Capital Limited, China Renaissance Securities (Hong Kong) Limited, CLSA Limited, Haitong International Securities Company Limited, and Lighthouse Capital International Inc. are acting as joint bookrunners for the offering (names in alphabetical order). $7.82 $0.00 0.0%. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. SHANGHAI, March 27, 2021 /PRNewswire/ — Qiming Venture Partners’ portfolio company Zhihu (NYSE: ZH) on March 26th EST listed on the New York Stock Exchange. Article content. Zhihu Inc (NYSE: ZH) reported first-quarter FY21 revenue growth of 154.2% year-on-year to $73 million (RMB478.3 million), beating the analyst consensus of $70.88 million. Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion MarketWatch. A registration statement related to these securities has been filed with, and declared effective by, the SEC. Zhihu’s American depositary shares, which sold for $9.50 in the IPO, closed at $8.50 in New York trading Friday. 12:23PM : Zhihu Raises $772M From IPO, Private Placement At $9.5 Per Share. Zhihu fosters a vibrant online community where users contribute and engage while respecting diversity and valuing constructiveness by promoting a culture of sincerity, expertise, and respect developed through years of cultivation. Chinese question-and-answer platform Zhihu endured a difficult New York Stock Exchange debut, closing at a 10.5% discount to its IPO price on a day when US-listed Chinese stocks fluctuated wildly., Greater China, IPO, Technology, Media, China, TMT, Alibaba Group, Tencent, JD.com, Baidu, Qiming Venture Partners, SAIF Partners, Capital Today China Group Company, Sinovation Ventures, … Zhihu Inc.'s stock got a cool reception on Wall Street Friday, as the China-based online content company's stock opened 15.3% below its initial public offering price. However, come as a disappointment, the stock closed at US$8.5 on its debut. For investor and media inquiries, please contact: The Piacente Group, Inc. Zhihu Clocks 38% Growth In Q1 MAUs, Q2 Guidance Falls Short Of Consensus. 12:23PM : Zhihu Raises $772M From IPO, Private Placement At $9.5 Per Share. Zhihu stock indicated to open around $8-$9, or 15.8%-5.3% below $9.50 IPO price MarketWatch. Investors are responding positively to the company’s first-quarter 2021 results. (RTTNews) - Zhihu Inc. (ZH) shares are trading more than 8 percent on Tuesday morning trade. Zhihu Inc.'s stock (ZH) got a cool reception on Wall Street Friday, as the China-based online content company's stock opened 15.3% below its initial public offering price. HONG KONG, March 26 (Reuters) – Chinese question and answer website Zhihu Inc raised $523 million in its U.S. initial public offering (IPO) after pricing its shares at $9.50 each, according to two sources with direct knowledge of the matter. The issue price is US$9.5 /ADS. Mar. Zhihu Inc. BEIJING, March 26, 2021 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH), an iconic online content community in China, today announced that it has priced its initial public offering (the "IPO") of 55,000,000 American depositary shares ("ADSs"), at US$9.5 per ADS. SHANGHAI, March 27, 2021 /PRNewswire/ -- Qiming Venture Partners' portfolio company Zhihu (NYSE: ZH) on March 26th EST listed on the New York Stock Exchange. Statistics. Zhihu is planning an IPO on the New York Stock exchange (NYSE). BEIJING, March 26, 2021 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH), an iconic online content community in China, today announced that it has priced its initial public offering (the "IPO") of 55,000,000 American depositary shares ("ADSs"), at US$9.5 per ADS. For more information, please visit https://ir.zhihu.com. The aggregate offering size of the IPO and the concurrent private placements described below is US$772.5 million, … Helen Wu A successful IPO can drop a dollar btw. Quote and financial data from Refinitiv. BEIJING, March 26, 2021 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH), an iconic online content community in China, today announced that it has priced its initial public offering (the "IPO") of 55,000,000 American depositary shares ("ADSs"), at US$9.5 per ADS. Zhihu stock opens down 15%, then keeps falling to online content company below $4 billion. The aggregate offering size of the IPO and the concurrent private placements described below is US$772.5 million, assuming the underwriters do not exercise their option to purchase additional ADSs, and approximately US$850.9 million, assuming the underwriters exercise their option to purchase additional ADSs in full. The company is going public at a time that the Renaissance IPO … Zhihu Inc. to Report First Quarter 2021 Unaudited Financial Results on May 17, 2021. Content-commerce solutions revenue rose 110 times to $18.4 million (RMB120.8 million), with Other revenues increasing 200% Y/Y to $2.6 million (RMB17.1 million). It plans to raise up to $632.5 million offering 55 million ADSs. Kirkland & Ellis represented the underwriters on the initial public offering (IPO) of American depositary shares on the New York Stock Exchange of Zhihu Inc., an iconic online content community in China, under the ticker symbol “ZH”. The concurrent private placements are expected to close concurrently with the closing of the IPO, subject to customary closing conditions. Fund performance data provided by Lipper. Zhihu is seeking to raise a total of US$850 million through the IPO (after exercising the over-allotment option). Reuters revealed Monday Energy Monster was embroiled in an ownership dispute just as the US IPO was underway. BEIJING, March 26, 2021 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH), an iconic online content community in China, today … Zhihu stock opens down 15%, then keeps falling to online content company below $4 billion. announces pricing of initial public offering.zhihu - priced ipo of 55 million adss at us$9.5 per ads. Chinese online content community Zhihu Inc (NYSE: ZH) priced 55 million shares at $9.5 per share in its initial public offering (IPO) to raise gross proceeds of $522.5 million. By Scott Murdoch. ZH. Find the stock by name or ticker symbol – ZH – and research it before deciding if it's a good investment for you. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. This offering is being made only by means of a prospectus forming a part of the effective registration statement. Credit Suisse Securities (USA) LLC, Goldman Sachs (Asia) L.L.C. Zhihu, Inc. (ZH) Stock Price: $7.99 USD 0.18 (2.30%) Updated May 14, 2021 4:00 PM EDT - Market closed. Announces Pricing of Initial Public Offering. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Announces Pricing of Initial Public Offering. We successfully completed our initial public offering and became a public company listed on the New York Stock exchange during the first quarter of 2021, which we believe is both a milestone and the starting point of a new journey for Zhihu." Guidance: Zhihu expects Q2 revenue of $94.9 million (RMB622 million) – $95.7 million (RMB627 million), falling short of the analyst consensus of $96.94 million. The Beijing, China-based company plans to raise $578 million by offering 55 million ADSs at a price … ET View Interactive ZH Charts. Zhihu market cap is $5.3 b, and annual revenue was ¥1.35 b in FY 2020. The stock price of Zhihu Inc. (NYSE: ZH) increased by over 7% pre-market. Zhihu’s IPO was the third-largest by a Chinese company on a U.S. exchange this year, after e-cigarette maker RLX Technology Inc. and software firm Tuya Inc. raised $1.6 billion and $915 million, respectively.Zhihu is the largest Q&A online community in China by both average mobile monthly active users and revenue, according to its prospectus. Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion Tomi Kilgore 3/26/2021 Walmart drops masks for vaccinated shoppers and workers. Zhihu Inc. (NYSE:ZH) operates Zhihu, an iconic online content community dedicated to empowering people to share knowledge, experience, and insights, and to find their own answers. The IPO is expected to close on March 30, 2021, subject to customary closing conditions. SHANGHAI, March 27, 2021 /PRNewswire/ — Qiming Venture Partners’ portfolio company Zhihu (NYSE: ZH) on March 26th EST listed on the New York Stock Exchange. Brandi Piacente Adjusted net loss rose 19.7% Y/Y to $29.5 million (RMB193.6 million), with EPS loss of $(0.53) missing the analyst consensus of $(0.07) loss. Their stock opened with $9.50 in its Mar 26, 2021 IPO. The stock's first trade was at $8.05 at 1:37 p.m. Eastern for 3.04 million shares. Z hihu, a Chinese question-and-answer platform, announced terms for its IPO on Friday. BEIJING, March 26, 2021 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH), an iconic online content community in China, today announced that it has priced … Zhihu is registered under the ticker NYSE:ZH . Average monthly active users (MAUs) [1] reached 85.0 million in the first quarter of 2021, representing a growth … The weaker pricing comes just days after China's Zhihu shares dropped by up to 10.5% slid in their first session on Friday. This is why it happened. All rights reserved. The stock closed at US$8.5/ADS on the first trading day, with a market cap of about US$4.75billion. Zhihu sets IPO terms, as the Hong Kong-based online community looks to raise up to $633 million MarketWatch. 2 Wall Street analysts have issued ratings and price targets for Zhihu in the last 12 months. The issue price is US$9.5/ADS. Zhihu will be listed on the New York Stock Exchange on March 26th, U.S. time. Announces Pricing of Initial Public Offering PR Newswire BEIJING, March 26, 2021 BEIJING, March 26, 2021 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or … Zhihu Inc. Overview. ". ". The gross margin expanded 1,540 basis points to 57%. The aggregate offering size of the IPO and the concurrent private placements is $772.5 million. Operational loss rose 62.4% Y/Y to $342.5 million, with the net loss increasing 61.3% Y/Y to $49.6 million (RMB324.7 million). All rights reserved. We pride ourselves as a “marketplace of answers,” steadily accumulating trustworthy content through continuous creation and engagement among our users and content creators over a journey of more than ten years. Credit Suisse, Goldman Sachs and J.P. Morgan served as the underwriters for the IPO and CICC, CMBI, China Renaissance, CLSA, Haitong International, Lighthouse Capital and … Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price. said Mr. Yuan Zhou, Chairman of the Board and Chief Executive Officer of Zhihu. Create a CFD or spread betting account. HONG KONG (Reuters) - Chinese question and answer website Zhihu Inc raised $523 million in its U.S. initial public offering (IPO) after pricing … Zhihu is also recognized as the most trustworthy online content community and widely regarded as offering the highest-quality content in China, according to the CIC Survey. Deep Moat as The Company Grows Into Quora + Wikipedia in China Priced at US$9.5, Zhihu will be listed on the New York Stock Exchange. The stock price of Zhihu Inc. (NYSE: ZH) increased by over 7% pre-market. The stock closed at US$8.5 /ADS on the first trading day, with a market cap of about US$4.75billion.. Zhihu is an online Q&A community that has attracted a wide array of content creators. HONG KONG — Chinese question and answer website Zhihu Inc raised $523 million in its U.S. initial public offering (IPO) after pricing its shares at $9.50 each, according to two sources with direct knowledge of the matter. Zhihu Technology (NYSE:ZH) announced its IPO terms. BEIJING, March 26, 2021 / PRNewswire / -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH), an iconic online content community in China, today announced that it has priced its initial public offering (the "IPO") of 55,000,000 American depositary shares ("ADSs"), at US$9.5 per ADS. Research the stock. A copy of the final prospectus relating to the offering may be obtained, when available, by contacting the following underwriters (names in alphabetical order): (1) Credit Suisse Securities (USA) LLC at Eleven Madison Avenue, New York, NY 10010, or by telephone at +1-800-221-1037; (2) Goldman Sachs & Co. LLC at 200 West Street, New York, NY 10282-2198, Attention: Prospectus Department, or by telephone at 1-866-471-2526; (3) J.P. Morgan Securities LLC at 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Broadridge Financial Solutions, or by telephone at 1-866-803-9204. The issue price is US$9.5 /ADS. Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion Tomi Kilgore 3/26/2021 Walmart drops masks for vaccinated shoppers and workers. Benzinga does not provide investment advice. Currency in USD, Trade prices are not sourced from all markets, Place A Bag On Your Car Mirror When Traveling. Their average twelve-month price target is $15.80, predicting that the stock has a possible upside of 104.66%. Advertising revenue rose 70.1% Y/Y to $32.6 million (RMB213.7 million). and J.P. Morgan Securities LLC are acting as joint representatives of underwriters and lead joint bookrunners for the offering (names in alphabetical order). NEW YORK, NY / ACCESSWIRE / May 17, 2021 / Zhihu Inc - ADR (NYSE:ZH) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 17, 2021 at 8:00 AM Eastern Time.To listen to the event live or access a replay of the call - visit https://www. Zhihu is China's largest Q&A-inspired online community and one of the top five Chinese comprehensive online content communities, both in terms of average mobile monthly average users and revenue in 2020. Zhihu is planning an IPO on the New York Stock exchange (NYSE). More Zhihu IPO: China’s ‘giant online cafe’ struggles to find monetisation model amid rapid growth 09/03/2021 U.S. gasoline shortage improves, some regions still suffer hefty outages © 2021 Verizon Media. The securities code is "zh". ET by Tomi Kilgore. Zhihu issued 55 million ads (before the exercise of the over allotment right) at the issue price of US $9.50 per ads (American Depository securities), and simultaneously carried out a private placement (CPP) of US $250 million. Zhihu held $1.2 billion (RMB7.96 billion) in cash and equivalents, and it had raised $737.1 million from its March IPO. The stock is expected to begin trading on the NYSE under the ticker symbol "ZH." Filed 2021-03-05 Terms Added 2021-03-19: For IPO Boutique's "scale of 1 to 5" BUY rating on Zhihu, Inc., and our comprehensive analysis, click "Buy Market Research. ; Search for the stock code. MarketWatch. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to," or other similar expressions. Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH), a leading operator of an iconic online content community, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2021 before the open of U.S. market on May 17, 2021. Money Raised at IPO $523M. Its for the benefit of the companies financials BEIJING, March 26, 2021 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH), an iconic online content community in China, today announced that it has priced its initial public offering (the "IPO") of 55,000,000 American depositary shares ("ADSs"), at US$9.5 per ADS. E.g. Zhihu Raises $772M From IPO, Private Placement At $9.5 Per Share. You may wish to set limits on your position. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Phone: +1-212-481-2050 The IPO price is set at US $9.5 per ads. Benzinga. 09:12AM : Zhihu IPO prices at low end of the range, valuing company at … The IPO price is set at US$9.5 per ADS. Zhihu stock indicated to open around $8-$9, or 15.8%-5.3% below $9.50 IPO price. Each two ADSs represent one Class A ordinary share of the Company. Average monthly active users (MAUs) rose 37.7% Y/Y to 85 million, while average monthly paying members rose 137.8% Y/Y to 4 million. Financials. Zhihu Inc. is the latest Chinese technology company which decided to list on the New York Stock Exchange. Quote and financial data from Refinitiv. View Zhihu stock / share price, financial statements, key ratios and more at Craft. The IPO raised $522.5 million with issue price US$9.5 for each ADS. BEIJING, March 26, 2021 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH), an iconic online content community in China, today announced that it has priced its initial public offering (the "IPO") of 55,000,000 American depositary shares ("ADSs"), at US$9.5 per ADS. Email: zhihu@tpg-ir.com, The Piacente Group, Inc. Stock Symbol NYSE:ZH. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law. The stock closed at US$8.5 /ADS on the first trading day, with a market cap of about US$4.75billion.. Zhihu is an online Q&A community that has attracted a wide array of content creators. Tel: +86-10-6508-0677 The IPO price range is from Zhihu will raise a total of US $850 million through this IPO (after full exercise of the over allotment right). Concurrently with, and subject to, the completion of this offering, certain investors have agreed to purchase US$250.0 million in Class A ordinary shares from the Company, including (i) US$100.0 million by Taobao China Holding Limited, an affiliate of Alibaba Group Holding Limited, (ii) US$100.0 million by Purus Innovation Limited, an affiliate of JD.com, Inc., (iii) US$30.0 million by Image Frame Investment (HK) Limited, the Company's shareholder and an affiliate of Tencent Holding Limited, and (iv) US$20.0 million by Lilith Limited, an affiliate of Lilith Games, in private placement transactions pursuant to exemptions from registration with the U.S. Securities and Exchange Commission (the "SEC"), under Regulation S of the Securities Act of 1933, as amended. MarketWatch. The shares have been trending since May 17 when the company reported a … Confirm your position and keep tabs on it. The stock is off nearly 15% since its debut on the New York Stock Exchange. 09:12AM : Zhihu IPO prices at low end of the range, valuing company at … Valuation at IPO $2.7B. The Company has granted the underwriters an option, exercisable for 30 days from the date of the final prospectus, to purchase up to an aggregate of 8,250,000 additional ADSs at the IPO price, less underwriting discounts and commissions. IPO Share Price $9.50. The company issued 55,000,000 shares at a price of $9.50-$11.50 per share. Paid membership revenue increased 127% Y/Y to $19.3 million (RMB126.6 million). Price as of May 21, 2021, 4:00 p.m. Detailed Quote for Saturday, March 20, 2021 12:27 AM; Company Name: Zhihu: Dow Jones Industry: Benzinga. Chinese online content community Zhihu Inc (NYSE: ZH) priced 55 million shares at $9.5 per share in its initial public offering (IPO) to raise gross proceeds of $522.5 million. Price action: ZH shares traded higher by 7.38% at $8.58 in the premarket session on the last check Monday. Related content: Benzinga's Full Guidance Calendar View more earnings on ZH See more from BenzingaClick here for options trades from BenzingaSogou Misses On Q1 Revenue Due To Tencent's Proposed Acquisition, Lower Traffic Activity© 2021 Benzinga.com. Zhihu Inc. New York Stock Exchange. After-hours: $8.10 +0.11 (1.38%) May 14, 7:59 PM. Zhihu will be listed on the New York Stock Exchange on the evening of March 26, Beijing time. it wasnt down 20 or 25% because It started at $8.05.
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