The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Chinese online insurer ZhongAn up 18% in HK debut

It bodes well for expected listings from Alibaba affiliate Ant Financial and peer-to-peer lending platform Lufax

Published Thu, Sep 28, 2017 · 09:50 PM
Share this article.

Hong Kong

ZHONGAN Online Property & Casualty Insurance Co jumped 18 per cent in its debut on Thursday following the biggest ever IPO by a financial technology firm in Asia, boosting Hong Kong's hopes of luring future Chinese technology startups away from New York.

It also bodes well for expected listings from other fintech giants in Hong Kong, including Alibaba affiliate Ant Financial and peer-to-peer lending and wealth management platform Lufax.

"I hope this is the beginning of another round of new economy companies choosing Hong Kong," Charles Li, CEO of market operator Hong Kong Exchange…

KEYWORDS IN THIS ARTICLE

Fintech

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Banking & Finance

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here