Xiaohongshu Aims to File for Hong Kong IPO by Month-End at Roughly $31 Billion Valuation
businessstocks 2 posts · 2 accounts
Xiaohongshu is aiming to file for a Hong Kong initial public offering by month-end at a valuation of roughly $31 billion, while working with advisers on the proposed listing.
At that level, the deal could rank among Hong Kong’s largest listings in recent years, adding a potentially significant technology offering to the city’s IPO pipeline if it proceeds.
From the sources (2 posts)
@bpaynewsJUST IN: Xiaohongshu aims to file for a HK IPO by month-end at a roughly $31B valuation, per Bloomberg; quiet listing could signal broader tech-cap flows into Hong Kong. $XHS?
@businessXiaohongshu is working with advisers on a potential listing that could rank among Hong Kong’s largest in recent years