(June 5): Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin, is looking to raise as much as US$912 million in its U.S. initial public offering, braving the market at a time when many other companies are choosing to wait on the sidelines.

Kanzhun, backed by Chinese internet giant Tencent Holdings Ltd., is offering 48 million American depositary shares at between US$17 and US$19 apiece, according to a filing with the U.S. Securities and Exchange Commission. Each ADS represents two ordinary shares.