{
 "as_of": "2026-11-04",
 "cmr": "hk-cm-kg/HKEX/02390",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# ZHIHU-W (Main Board: 02390) — research page\n\nAs of 2026-11-04 · hk-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is ZHIHU-W, listed on the Main Board of the Hong Kong exchange under ticker 02390, with ISIN KYG989MJ1017. The LEI is not on the record, because the ISIN is not in the GLEIF mapping file and no name route is available on this node. The security type is Corporate. The segment, sector and jurisdiction are not on the record. The listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 187 filings in the window from 2025-11-04 to 2026-11-04, across 149 filing days. The median gap between filing days is 1.0 days. The median latency from the latest filing to the record date is 2.0 days on the exchange, and the issuer's latency is 0 days. The exchange median cadence gap is 9.0 days and the exchange median filings count is 46.0 across 2,472 issuers. The sector peer figures are not on the record for this market. The latest filing is dated 2026-11-04 and is a monthly return.\n\n## Auditor\n\nThe auditor of record is PricewaterhouseCoopers. Its location is not on the record. Auditor changes are not on the record, because the market's register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, because the index does not carry a type for this register yet. The halt flag shows the issuer as listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/hk/suitability-sfc-code-of-conduct-paragraph-5-2/r1, with the chapter as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 11 research houses: China Renaissance, CICC, Citi, CLSA, GF Securities, Goldman Sachs, Guolian Minsheng Securities, Haitong International, Jefferies, SWS Research and TH Capital.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nNo issuer years are sealed. The market's vintage is not sealed, and the market's earliest sealed date is not on the record. The live record began on 2026-09-12. The store holds sealed years 2021 through 2026 for this issuer, but these are not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n7 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx (identity.exchange)\n- https://mcp.hk-cm-kg.ai/events/HKEX/02390 (the disclosure lines)\n- https://www.hkex.com.hk/eng/stat/smstat/dayquot/d261104e.htm (the halt flag)\n- https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0417/2026041700682.pdf (the auditor)\n- https://mcp.hk-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://ir.zhihu.com/en/investor-resources/ (coverage)\n- https://mcp.hk-cm-kg.ai/record/HKEX/02390 (the record)\n",
 "market": "HK",
 "node": "hk-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-12",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the HK store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-04",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "annual report 2026-04-17 (HKEXnews), Corporate Information, read by Tavily page extraction",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0417/2026041700682.pdf",
    "state": "sourced",
    "value": "PricewaterhouseCoopers"
   },
   "auditor_firm_id": {
    "market": "HK",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "HK",
    "state": "not_on_record"
   },
   "changes": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "hk-cm-kg/HKEX/02390",
  "coverage": {
   "count": 11,
   "houses": [
    {
     "analyst": "Yiwen Zhang",
     "house": "China Renaissance",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.zhihu.com/en/investor-resources/",
     "state": "sourced"
    },
    {
     "analyst": "Xueqing Zhang",
     "house": "CICC",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.zhihu.com/en/investor-resources/",
     "state": "sourced"
    },
    {
     "analyst": "Vicky Wei",
     "house": "Citi",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.zhihu.com/en/investor-resources/",
     "state": "sourced"
    },
    {
     "analyst": "Cici Cheng",
     "house": "CLSA",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.zhihu.com/en/investor-resources/",
     "state": "sourced"
    },
    {
     "analyst": "Shi Kuang",
     "house": "GF Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.zhihu.com/en/investor-resources/",
     "state": "sourced"
    },
    {
     "analyst": "Lincoln Kong",
     "house": "Goldman Sachs",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.zhihu.com/en/investor-resources/",
     "state": "sourced"
    },
    {
     "analyst": "Yuchen Yang",
     "house": "Guolian Minsheng Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.zhihu.com/en/investor-resources/",
     "state": "sourced"
    },
    {
     "analyst": "Daisy Chen",
     "house": "Haitong International",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.zhihu.com/en/investor-resources/",
     "state": "sourced"
    },
    {
     "analyst": "Thomas Chong",
     "house": "Jefferies",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.zhihu.com/en/investor-resources/",
     "state": "sourced"
    },
    {
     "analyst": "Qixian Lin",
     "house": "SWS Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.zhihu.com/en/investor-resources/",
     "state": "sourced"
    },
    {
     "analyst": "Stella Wang",
     "house": "TH Capital",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://ir.zhihu.com/en/investor-resources/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://ir.zhihu.com/en/investor-resources/",
     "result": "read: 11 of 22 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 2472,
     "median_cadence_gap_days": 9,
     "median_filings": 46,
     "median_latency_days": 2,
     "name": "Main Board"
    },
    "sector": {
     "market": "HK",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "agm_egm": 9,
    "announcement": 11,
    "annual_report": 1,
    "circular": 2,
    "director_change": 1,
    "documents_on_display": 2,
    "esg_report": 1,
    "interim_report": 1,
    "monthly_return": 13,
    "next_day_disclosure": 140,
    "results": 6
   },
   "cadence_median_gap_days": 1,
   "filing_days": 149,
   "filings": 187,
   "latency_days": 0,
   "latest": [
    {
     "category": null,
     "date": "2026-11-04",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/1104/2026110402061.pdf",
     "title": "Monthly Return of Equity Issuer on Movements in Securities for the month ended 31 October 2026",
     "type": "monthly_return"
    },
    {
     "category": null,
     "date": "2026-10-26",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/1026/2026102600017.pdf",
     "title": "NEXT DAY DISCLOSURE RETURN",
     "type": "next_day_disclosure"
    },
    {
     "category": null,
     "date": "2026-10-23",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/1023/2026102300836.pdf",
     "title": "NEXT DAY DISCLOSURE RETURN",
     "type": "next_day_disclosure"
    },
    {
     "category": null,
     "date": "2026-10-22",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/1022/2026102201312.pdf",
     "title": "NEXT DAY DISCLOSURE RETURN",
     "type": "next_day_disclosure"
    },
    {
     "category": null,
     "date": "2026-10-21",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/1021/2026102100915.pdf",
     "title": "NEXT DAY DISCLOSURE RETURN",
     "type": "next_day_disclosure"
    }
   ],
   "latest_filing_date": "2026-11-04",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.hk-cm-kg.ai/events/HKEX/02390",
   "window": {
    "from": "2025-11-04",
    "to": "2026-11-04"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "Main Board"
   },
   "isin": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "KYG989MJ1017"
   },
   "jurisdiction": {
    "market": "HK",
    "reason": "no LEI record",
    "state": "not_on_record"
   },
   "lei": {
    "market": "HK",
    "reason": "ISIN not in the GLEIF mapping file (no name route on this node: no search layer by order)",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "ZHIHU-W"
   },
   "sector": {
    "market": "HK",
    "reason": "HKEX publishes the industry classification per issuer on its website pages, not in the List of Securities (no page reads by order)",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "HK",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "02390"
   },
   "website": {
    "market": "HK",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "HK",
  "node": "hk-cm-kg",
  "numbers_hash": "sha256:377fa12ec1745c1cf03ed7b563e640523473baaf14ea9a1fb04a7a5511259c87",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.hk-cm-kg.ai/book/aio.json",
    "door": "https://mcp.hk-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/hk/suitability-sfc-code-of-conduct-paragraph-5-2/r1",
   "section": "hk.aio.v6"
  },
  "record": {
   "as_of": "2026-11-04",
   "url": "https://mcp.hk-cm-kg.ai/record/HKEX/02390",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-04",
   "source": "https://www.hkex.com.hk/eng/stat/smstat/dayquot/d261104e.htm",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:377fa12ec1745c1cf03ed7b563e640523473baaf14ea9a1fb04a7a5511259c87",
 "path": "/hk/HKEX/02390",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is ZHIHU-W, listed on the Main Board of the Hong Kong exchange under ticker 02390, with ISIN KYG989MJ1017. The LEI is not on the record, because the ISIN is not in the GLEIF mapping file and no name route is available on this node. The security type is Corporate. The segment, sector and jurisdiction are not on the record. The listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 187 filings in the window from 2025-11-04 to 2026-11-04, across 149 filing days. The median gap between filing days is 1.0 days. The median latency from the latest filing to the record date is 2.0 days on the exchange, and the issuer's latency is 0 days. The exchange median cadence gap is 9.0 days and the exchange median filings count is 46.0 across 2,472 issuers. The sector peer figures are not on the record for this market. The latest filing is dated 2026-11-04 and is a monthly return.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is PricewaterhouseCoopers. Its location is not on the record. Auditor changes are not on the record, because the market's register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, because the index does not carry a type for this register yet. The halt flag shows the issuer as listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/hk/suitability-sfc-code-of-conduct-paragraph-5-2/r1, with the chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 11 research houses: China Renaissance, CICC, Citi, CLSA, GF Securities, Goldman Sachs, Guolian Minsheng Securities, Haitong International, Jefferies, SWS Research and TH Capital.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "No issuer years are sealed. The market's vintage is not sealed, and the market's earliest sealed date is not on the record. The live record began on 2026-09-12. The store holds sealed years 2021 through 2026 for this issuer, but these are not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "7 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.hk-cm-kg.ai/events/HKEX/02390"
  },
  {
   "for": "the halt flag",
   "source": "https://www.hkex.com.hk/eng/stat/smstat/dayquot/d261104e.htm"
  },
  {
   "for": "the auditor",
   "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0417/2026041700682.pdf"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.hk-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://ir.zhihu.com/en/investor-resources/"
  },
  {
   "for": "the record",
   "source": "https://mcp.hk-cm-kg.ai/record/HKEX/02390"
  }
 ],
 "title": "ZHIHU-W (02390) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}