Tag: business

ZhongAn Online Property & Casualty Insurance Co 6060.HK> priced its IPO at the top of an indicated range, raising $1.5 billion(1.10 billion pounds) in Hong Kong's biggest ever financial technology stock offering, IFR reported on Friday. China's first ... ( read original story ...)

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 ...)

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 ...)

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 ...)

Unlike initial public offerings (IPOs), which require auditing and regulatory reviews ... such as goods and services offered by the issuer. How popular were ICOs in China before the government crackdown? More than 100,000 investors snapped up 2.6 billion ... ( read original story ...)

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 ...)

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 ...)

Following on from this successful symposium, UK IPO Chief Executive Tim Moss will visit China later in the Autumn as part of continued engagement with his Chinese counterparts. ( read original story ...)

Zhou Xiaochuan, the governor of the People's Bank of China. Jacky Naegelen/Reuters China reportedly told its banks to stop doing business with North Korea. The People's Bank of China, the country's central bank, told banks to "strictly implement United ... ( read original story ...)

On Thursday, The Wall Street Journal's Steven Russolillo and Chuin-Wei Yap reported that bitcoin traders can still exchange their coins via messaging apps such as WeChat, the largest in China with over 900 million users. "You use WeChat, you meet someone ... ( read original story ...)