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Ping An’s OneConnect Raises $312 Million in Expanded U.S. IPO
Dec 12 2019 // China-based cloud fintech platform OneConnect Financial Technology Co. expanded its U.S. initial public offering to raise $312 million, partly reversing cuts to its share-sale plans disclosed one day ago. The company, one...
IPO for Ping An’s OneConnect Cut in Half
Dec 12 2019 // China-based cloud fintech platform OneConnect Financial Technology Co. cut its planned U.S. initial public offering set for Thursday by almost half. The company, one of several Ping An Insurance (Group) Co. businesses...
Ping An’s Technology Unit OneConnect Reduces Offering in U.S. IPO
Dec 5 2019 // Ping An Insurance’s OneConnect Financial Technology launched a U.S. initial public offering (IPO) of up to $504 million on Tuesday, reducing both its target offering size and valuation. The unit of China’s...
China’s Insurance Giant Ping An Increasingly Focuses on ‘Technology Plus Finance’
Dec 3 2019 // Just 31 years after it was founded in China’s southern city of Shenzhen, Ping An Insurance (Group) Co. has grown into the world’s second-largest insurer by market value after Berkshire Hathaway Inc.—more...
Ping An Insurance Readies $8 Billion IPO of Fintech OneConnect
Feb 25 2019 // Ping An Insurance (Group) Co., China’s largest insurer by market value, is gearing up for an initial public offering of its OneConnect unit that could value the financial management portal at about $8 billion,...
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