Zhihu initiated with an Outperform at CLSA

CLSA analyst Leo You initiated coverage of Zhihu with an Outperform rating and $1.50 price target. Zhihu is well positioned as China’s largest Q&A content community, with a knowledge-orientated and engaged user base of more than 100M young people, You tells investors in a research note. The analyst believes Zhihu "offers a unique investment opportunity" in China’s online content communities market, with high growth and monetization potential.