Zhihu Inc shares tumbled 22.2 per cent on Friday as the Chinese firm debuted its primary dual listing on the Hong Kong Stock Exchange.
Zhihu sold 26 million secondary shares in the deal to become the latest US-listed Chinese company to press ahead with a listing closer to its home market. The New York-listed shares were up 0.6 per cent on Thursday but remain down 70 per cent so far in 2022.
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