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.