Zhihu Inc. (2390.HK) Deep Dive Video

Name: Zhihu Inc. (2390.HK) Deep Dive Video | Flash
Uploaded: 2025-12-29T01:02:19.397
Description: Zhihu trades below net cash—an extreme “negative EV” bargain—but shrinking revenues, AI disruption, and trapped-cash governance risks make it a potential value trap until capital returns or privatization unlocks the balance sheet.

Summary

Zhihu trades below net cash—an extreme “negative EV” bargain—but shrinking revenues, AI disruption, and trapped-cash governance risks make it a potential value trap until capital returns or privatization unlocks the balance sheet.

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