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<IPO>Xiaohongshu Said to Secretly File for HK IPO as Early as End-Jun
Xiaohongshu is preparing to confidentially submit an IPO application in Hong Kong by the end of this month, Bloomberg, citing people familiar with the matter, reported. The company...
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<IPO>Xiaohongshu Said to Secretly File for HK IPO as Early as End-Jun
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Xiaohongshu is preparing to confidentially submit an IPO application in Hong Kong by the end of this month, Bloomberg, citing people familiar with the matter, reported. The company is working with advisers on the potential IPO, while discussions are ongoing and details including timing, size and valuation have yet to be finalized.

Tech companies led by MINIMAX-W (00100.HK)  -5.400 (-1.274%)    Short selling $31.09M; Ratio 5.490%   and BIREN TECH (06082.HK)  -0.650 (-1.175%)    Short selling $27.16M; Ratio 9.496%   have reportedly received an overwhelming reception from investors when listing in the Hong Kong market this year. Investors have urged Xiaohongshu that now would be the optimal timing for a public listing.

Related News G Sachs: Strong Rebound in Hong Kong IPO Market, Three Strategies to Capture Post-Listing Opportunities
In its latest funding round in 2024, Xiaohongshu was valued at approximately USD17 billion. Its valuation skyrocketed to USD31 billion in secondary market transactions in September last year. Xiaohongshu had told shareholders that it expected profit for last year to reach about USD3 billion.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-16 12:25.)

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