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September 18, 2017 03:58 am GMT
SoftBank Group has agreed to be a cornerstone investor in the initial public offering of ZhongAn, China’s first online-only insurance agency, on the Hong Kong Stock Exchange today. SoftBank Group will buy a 5 percent stake in the company, or about 72 million shares, at the offer price, which is in the range of HKD $53.70 to HKD $59.70 per share. If calculated based on the… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0Bqx0QDX0oY/
SoftBank Group will buy a 5% stake in ZhongAn, Chinas first online-only insurance agency
SoftBank Group has agreed to be a cornerstone investor in the initial public offering of ZhongAn, China’s first online-only insurance agency, on the Hong Kong Stock Exchange today. SoftBank Group will buy a 5 percent stake in the company, or about 72 million shares, at the offer price, which is in the range of HKD $53.70 to HKD $59.70 per share. If calculated based on the… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/0Bqx0QDX0oY/
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