Insurance Broker Hengguang Among Chinese Firms Filing Small New York IPOs February 15, 2022 By Samuel Shen and Scott Murdoch At least six Chinese companies have lodged documents for New York listings in recent weeks, filings showed, promising an end...
Asian Insurer FWD Group Raises $200M in Pre-IPO Funding: Sources January 19, 2022 By Scott Murdoch Asian insurer FWD Group has raised $200 million in new funding ahead of its planned Hong Kong initial public offering...
Asian Insurer FWD Group Weighs Shifting U.S. IPO to Hong Kong: Reuters November 10, 2021 By Scott Murdoch, Julie Zhu and Kane Wu HONG KONG – Asian insurer FWD Group, controlled by Hong Kong billionaire Richard Li, is contemplating shifting its $2-$3 billion...
Hong Kong Insurer FWD Adds Warnings About China Risks in SEC Filings for IPO November 3, 2021 By Scott Murdoch Hong Kong-based insurer FWD Group has told U.S. regulators it cannot guarantee that Beijing would not seek to “intervene or...
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...