Nasdaq-listed Hywin mulls secondary listing in Hong Kong

Nasdaq-listed Hywin mulls secondary listing in Hong Kong

FILE PHOTO: The logo of Hong Kong Exchanges & Clearing Ltd. (HKEX) is seen at the financial Central district in Hong Kong, China September 14, 2020. REUTERS/Tyrone Siu

Hywin Holdings Ltd, a Nasdaq-listed Chinese wealth management service firm that has made commitments to funds managed by GGV Capital and Hillhouse Capital Group, is mulling a secondary listing in Hong Kong, according to two people with direct information on the matter.

China-based Hywin, which raised $48 million in its US initial public offering (IPO) in March 2021, is having internal discussions about the possibility of a secondary listing in Hong Kong amid the city’s efforts in attracting global high-net-worth investors and family offices.

Edited by: Padma Priya

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