Xiaohongshu said to prepare confidential Hong Kong IPO filing this month

According to Bloomberg News, citing people familiar with the matter, Xiaohongshu is preparing to confidentially file for an initial public offering (IPO) in Hong Kong by the end of this month. The sources said the Shanghai-based company is working with advisers on a potential listing that could become one of Hong Kong’s largest IPOs in recent years. According to the report, discussions are ongoing and key details — including the timing of the listing, fundraising size, and company valuation — have yet to be finalized. [IThome, in Chinese] Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Your support helps TechNode continue to provide credible, on-the-ground journalism and industry insights about the Chinese tech industry.

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