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Two fintech firms slated to launch major IPOs in HK

But online-only insurer ZhongAn and key P2P lending and wealth-management player Lufax are spare with details

Published Thu, Mar 30, 2017 · 09:50 PM
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Hong Kong

TWO of the biggest listings expected this year - both for fintech companies - could happen in Hong Kong.

One is ZhongAn, China's first online-only insurer. Its chief financial officer (CFO) John Bi on Thursday appeared to dismiss recent reports that his company, backed by insurance giant Ping An, Alibaba and Tencent, had scrapped plans to list in Hong Kong.

The other company is Lufax Holdings, China's biggest peer-to-peer (P2P) lending and wealth-management platfor…

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