PE-Backed Zhong An Insurance Plans Domestic IPO In China

Zhong An Online P&C Insurance Co., China’s first online-only insurer with backings of private equity investors, is planning a domestic initial public offering this year that could raise up to US$2 billion, according to the Wall Street Journal citing people familiar with the matter. Zhong An has sent out an invitation to banks this week […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Read the original article: China Money Network