China Insurtech Waterdrop Raises $360M in New York IPO: Reuters May 7, 2021 By Scott Murdoch Chinese online insurance technology firm Waterdrop Inc. has raised $360 million by pricing its shares at $12 a piece in...
Chinese Insurtech Waterdrop Seeks $360M in New York IPO May 3, 2021 By Scott Murdoch HONG KONG — Chinese online insurance technology firm Waterdrop Inc. aims to raise up to $360 million in an initial...
China’s Shock Suspension of Ant Group’s Listing Set to Hit Business Valuation, Growth November 4, 2020 By Scott Murdoch and Kane Wu China’s surprise suspension of Ant Group’s record $37 billion listing is likely to delay rather than destroy its chances of...
Investors Shrug Off U.S. Concerns as China’s Ant Group Nears $34.4 Billion IPO October 26, 2020 By Julie Zhu and Scott Murdoch Chinese financial technology giant Ant Group has set terms for a dual listing aimed at raising up to $34.4 billion...
Analysts Say U.S. Restrictions Unlikely to Hurt Ant Group’s $35 Billion IPO October 8, 2020 By Scott Murdoch and Julie Zhu Ant Group’s $35 billion initial public offering (IPO) is unlikely to suffer from any U.S. restrictions on the Chinese financial...
Chinese Crowdfunding, Insurance Site Waterdrop Raises $230 Million, Plans U.S. IPO August 20, 2020 By Kane Wu and Scott Murdoch Chinese online insurance technology platform Waterdrop Inc. has raised $230 million in a new funding round led by reinsurer Swiss...
Hong Kong Financial Services Firms Concerned for Staff Safety as Protests Escalate November 13, 2019 By Scott Murdoch and Sumeet Chatterjee Finance firms in Hong Kong urged staff on Wednesday to seek safety or work from home as anti-government protests paralyzed...