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China-based Q&A service Zhihu closed down 23.6% in its Hong Kong trading debut, after raising $106M in a secondary listing: Zhihu faces a potential US delisting (Reuters)

Reuters:
China-based Q&A service Zhihu closed down 23.6% in its Hong Kong trading debut, after raising $106M in a secondary listing: Zhihu faces a potential US delisting  —  Question and answer website Zhihu Inc’s (2390.HK) shares ended down 23.6% on Friday in Hong Kong, making it one of the worst ever secondary listing debuts in the city.