Online Used Car Retailer Shift Talking Merger With Insurance Acquisition June 22, 2020 By Gillian Tan, Crystal Tse and Katie Roof Shift Technologies Inc., an online retailer for used cars, is in talks to merge with blank-check company Insurance Acquisition Corp.,...
IPO for Ping An’s OneConnect Cut in Half December 12, 2019 By Crystal Tse China-based cloud fintech platform OneConnect Financial Technology Co. cut its planned U.S. initial public offering set for Thursday by almost...
AIG Sells Entire Stake in China’s PICC Group at a Discount February 28, 2019 By Crystal Tse American International Group Inc. bought into the People’s Insurance Co. (Group) of China Ltd. as a cornerstone investor in its...
China’s Biggest Insurer, Ping An, Plans $2B IPO of Health Tech Unit November 1, 2018 By Vinicy Chan, Crystal Tse and Manuel Baigorri Ping An Insurance Group Co., China’s biggest insurer by market value, is planning a Hong Kong initial public offering of...
Swiss Re-Backed Insurer FWD Weighs IPO in Hong Kong June 27, 2018 By Manuel Baigorri and Crystal Tse Hong Kong billionaire Richard Li is laying the groundwork for a potential initial public offering of his insurance company FWD...
SoftBank Plans $400M Investment in Ping An’s Health-Care Portal: Sources January 22, 2018 By Crystal Tse and Vinicy Chan SoftBank Group Corp. is nearing a deal to invest about $400 million in Ping An Insurance (Group) Co.’s health-care portal...
Chinese Insurer ZhongAn Initiates $1.5 Billion Hong Kong IPO September 18, 2017 By Crystal Tse ZhongAn Online P&C Insurance Co., China’s largest online insurer, started taking orders for a Hong Kong initial public offering that...