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...
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 Ant Eyes Options to Divest Founder’s Stake as Beijing Pressure Grows: Sources April 19, 2021 By Julie Zhu HONG KONG – Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology...
Chinese Insurtech Waterdrop Faces Regulatory Pushback on Planned IPO: Sources April 12, 2021 SHANGHAI/HONG KONG – Chinese online insurance technology firm Waterdrop Inc. is receiving pushback from domestic regulators on its planned U.S....
Hong Kong M&As Slump in 2018 with Insurance Sector Deals Hardest Hit November 28, 2018 By Sumeet Chatterjee and Kane Wu Mergers and acquisitions targeting Hong Kong financial firms have slumped this year, with insurance sector deals particularly hard hit, as...
China’s Ping An Plans $3B IPO of Financial Management Portal OneConnect: Sources March 29, 2018 By Bloomberg News Ping An Insurance (Group) Co., China’s largest insurer by market value, is starting preparations for an initial public offering of...
China’s Zhong An to Sell 5-10% Stake to Raise Funds Before Planned IPO March 7, 2017 By Julie Zhu and Elzio Barreto Zhong An Online Property & Casualty Insurance plans to sell 5-10 percent of the company to a couple of strategic...
China Re Will Sell Almost Half of $2B IPO to Cornerstone Investors October 12, 2015 By Fox Hu and Joyce Koh China Reinsurance (Group) Corp., the nation’s biggest reinsurer, will sell about half of its as much as $2 billion Hong...
Securities Fraud Class Actions Declined in 2012 January 23, 2013 By Jonathan Stempel Fewer investors are taking corporate America to court for fraud. The number of new federal securities fraud lawsuits seeking class-action...