Shanghai May Beat Hong Kong in IPO Fundraising

had ranked first for the last two years by amount of money raised through IPOs. Last year, its largest listing was the Postal Savings Bank of China, which raised HK$57.6 billion during the third quarter. SEHK’s largest listing so far this year has been ... ( read original story ...)

Chinese online insurer ZhongAn raises $1.5bn in IPO

ZhongAn Online Property & Casualty Insurance’s IPO priced at the top of its range at HK$59.70 per share, according to people familiar with the deal. ZhongAn is backed by some of China’s largest online financial services and internet companies ... ( read original story ...)

China’s insurtech ZhongAn raises $1.5bn in IPO

Internet-only insurer ZhongAn Online Property & Casualty Insurance priced its initial public offering (IPO) at the top of an indicated range, raising $1.5 billion in Hong Kong, Reuters reported on Sept. 22. ZhongAn was founded by Alibaba Group Holding ... ( read original story ...)

The world’s first ever insurtech IPO has raised $1.5bn

It was also the biggest Hong Kong IPO since last year's $1.9bn listing of pharma group China Resources. This also made ZhongAn's listing the biggest financial technology offering in the Hong Kong market's history. Read more: Insurtech set to put whopping ... ( read original story ...)

Hong Kong to rank third in 2017 IPO fund raising: Deloitte

Standard & Poor's on Friday (Sep 22) slashed Hong Kong's top-notch credit rating, a day after lowering China's, warning of potential spillover risks the mainland's ballooning debt pile. Hong Kong's Initial Public Offering (IPO) market has clearly ... ( read original story ...)