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Chinese job recruitment platform Boss Zhipin files for dual-primary listing in Hong Kong

Chinese job recruitment platform Boss Zhipin filed for a dual-primary listing on the Hong Kong stock exchange on Monday. Morgan Stanley and Goldman Sachs will be co-sponsors for the listing, according to the Chinese media outlet Jiemian. The file revealed that Boss Zhipin’s revenue for the first six months this year was RMB 2.25 billion ($310 million), a growth of 15% year-on-year. The LinkedIn-like platform generated a net profit of RMB 80.3 million for the first half of this year, having suffered an RMB 1.59 billion net loss during the same period in 2021. The platform came under cybersecurity investigation by the Chinese authorities and paused new registrations last year, but these were resumed with state approval in late June of this year. At that time, it was reported to have 25.9 million monthly active users. [Boss Zhipin, in Chinese]

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