Zhihu stock gets approval for RMB 1.5 billion AI fund
Published on 10/20/2026 at 20:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAI fund vote approved
- Zhihu shareholders approved the RMB 1.5 billion commitment on October 20, 2026.
- First-half revenue fell 7.20 percent to RMB 1,341.7 million, while gross margin reached 58.30 percent.
- Zhihu stock costs EUR 3.13 at Lang & Schwarz on October 20, 2026 at 8:00 p.m. CEST.
Zhihu stock (ISIN US98955N2071) got shareholder approval for a RMB 1.5 billion investment commitment on October 20, 2026. StockTitan reported that the extraordinary general meeting passed the resolution, with 99.970329 percent of votes cast in favor. After-hours trading placed the stock at EUR 3.13 at Lang & Schwarz on October 20, 2026 at 8:00 p.m. CEST.
Revenue fell 7.20 percent
Zhihu entered the vote with weaker top-line performance but a positive adjusted result. According to Zhihu Inc., first-half 2026 revenue fell 7.20 percent year over year to RMB 1,341.7 million. Gross margin was 58.30 percent, while adjusted net income reached RMB 6.9 million for the same period.
NYSE range stays wide
The home-market quotation puts the German euro price in a broader valuation frame. On the NYSE, Zhihu ADSs last traded at USD 3.52 on October 20, 2026 at 2:01 p.m. ET. The same quotation carried a 52-week range of USD 2.56 to USD 4.52 and a market capitalization of USD 278.0 million.
Cash funds the commitment
The approved investment is material against the company resources disclosed for the first half. The September 24 filing said Zhihu had approximately RMB 4.4 billion in cash, term deposits and short-term investments as of June 30, 2026, making the RMB 1.5 billion commitment equal to 34.09 percent of that resource pool. The filing also stated that the investment targets had not yet been determined because the vehicle uses a blind-pool structure.
What does the vote change?
The vote removes the shareholder-approval condition attached to the subscription, but it does not identify a portfolio company or guarantee an operating benefit. The fund is intended to invest in early-to-mid-stage artificial intelligence and related technology companies with a mainland China connection, while Zhihu remains primarily an online content community.
Zhihu stock after hours
The company now has approval for the capital allocation while first-half revenue remains below the prior-year level. The combination leaves the RMB 1.5 billion commitment and the 58.30 percent gross margin as the main figures for judging the decision against Zhihu's existing business performance.
The further course of trading is shown by the continuously updated real-time quote of Zhihu stock.
Zhihu stock facts
- Company: Zhihu Inc.
- ISIN: US98955N2071
- Ticker: ZH
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 8:00 p.m. CEST): EUR 3.13
- Market capitalization: USD 278.0 million (as of October 20, 2026)
- 52-week range: USD 2.56-4.52 (as of October 20, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
Market context: Market report S&P 500.
