Zhihu (HKG:2390) granted nearly 1.1 million restricted share units (RSUs) to six employees to subscribe for the same number of class A shares under a 2022 incentive scheme, an Oct. 17 Hong Kong bourse filing said.
Shares of the online question-and-answer platform were up over 1% in Monday afternoon trading.
The shares represent around 0.4% of the firm's total shares.
The firm now has over 5.2 million and 13 million respective class A shares available for the future grant of RSUs and share options.