China online insurer ZhongAn prices HK IPO at top end, raises $1.5 billion: IFR

www.reuters.com

ZhongAn Online Property & Casualty Insurance Co (6060.HK) priced its IPO at the top of an indicated range, raising $1.5 billion in Hong Kong’s biggest ever financial technology stock offering, IFR reported on Friday. China’s first internet-only insurer priced 199.

Also founded by Alibaba Group Holdings. SoftBank's massive fund also participated by buying 5%. Big moves in FinTech across Asia...

Read more...
Linkedin

Want to receive more content like this in your inbox?