Zhihu (ZH)

• Market cap: $477M
• 1 day: 2.65%
• 5 days: 7.33%
• 1 month: 29.67%
• 3 months: 37.22%
• 6 months: 4.03%
• Year to date: 53.11%
• 1 year: 66.26%
• 5 years: -89.37%
• 10 years: -89.37%
• Sector: Communication Services
• Industry: Internet Content & Information

About: Zhihu Inc is predominantly engaged in the operation of one online content community and monetizes through paid membership services, advertising services, content-commerce solutions services, and vocational training in China. It generates revenues from Advertising services, Paid membership services, Content-commerce solutions, and Others. It derives all its revenues within China.

Employees: 1,887

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

63% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 8

14.14% more ownership

Funds ownership: 7.92% [Q1] → 22.05% (+14.14%) [Q2]

9% more funds holding

Funds holding: 57 [Q1] → 62 (+5) [Q2]

13% less capital invested

Capital invested by funds: $84.1M [Q1] → $72.8M (-$11.2M) [Q2]

32% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 22

89% less call options, than puts

Call options by funds: $255K | Put options by funds: $2.25M