New stock news | Zhuanzhuan Group establishes its international business headquarters in Hong Kong and plans to list on the Hong Kong Stock Exchange within three years.

According to media reports, Huang Wei, founder and CEO of the second-hand trading platform Zhuanzhuan Group, said in an interview with the media that he hopes to establish the group's international business headquarters in Hong Kong in about a year. He believes that Hong Kong can be a gateway to help the group expand into overseas markets, with a focus on Europe and the United States as the first choice, followed by Southeast Asia and other regions. Zhuanzhuan Group currently has over 10,000 employees in mainland China, and Huang hopes to list the company in Hong Kong within 3 years. Founded in 2015, Zhuanzhuan Group owns multiple consumer goods trading platforms including Zhuanzhuan, Zhaolijiang, and Hongbull. Shareholders include Tencent, Xiaomi, and 58.com, with the latest round of financing valuing the company at over $3 billion. Zhuanzhuan has over 400 million registered users and 50 million monthly active users, with revenue expected to exceed 20 billion RMB by 2025.