ZhongAn Surges in HK Debut

ZhongAn Insurance jumped 18 percent on debut after the biggest ever IPO by a fintech firm in Asia; ZhongAn CEO Jeffrey Chen says, the rarity of technology listings in Hong Kong gave ZhongAn’s IPO an extra appeal for investors looking to diversify their holdings; both Ant Financial and Lufax are considering IPOs in Hong Kong, according to sources. Source

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