Bayzed joins IPO quest as medical rivalry heats up
The cancer treatment specialist is seeking a Hong Kong listing to fund its campaign in the M&A battle for China’s private healthcare market Key Takeaways: Over the past three years, Bayzed…
Ping An Health pins recovery hopes on new leadership
The ailing healthcare platform brought in a whole new management team three years ago to drive a business turnaround but it is changing leaders again Key Takeaways: The Covid pandemic…
FAST NEWS: ZhongAn’s gross written premium growth slows
The latest: Online insurer ZhongAn Online P & C Insurance Co. Ltd. (6060.HK) announced Wednesday its aggregate gross written premiums in the first eight months of this year totaled about 20.7 billion yuan…
FAST NEWS: Co-founder Ou Yaping resigns as chairman of ZhongAn Online
The latest: Online insurer ZhongAn Online P & C Insurance Co. Ltd. (6060.HK) said Monday its Chairman Ou Yaping resigned for personal reasons but retained his position as a non-executive director. The…
FAST NEWS: ZhongAn’s premium growth accelerates in May
The latest: Online insurer ZhongAn Online P & C Insurance Co. Ltd. (6060.HK) announced Tuesday that its aggregate gross written premiums in the first five months of the year rose…
FAST NEWS: Lufax jumps after announcing plans for second listing in Hong Kong
The latest: Lufax Holding Ltd. (LU.US), the largest of China’s private online loan facilitators, announced Tuesday that it will be listed on the Hong Kong Stock Exchange on Friday “by way of…
FAST NEWS: Lufax swings to loss as new lending tumbles
The latest: Lufax Holding Ltd. (LU.US), the largest of China’s private online loan facilitators, reported its revenue fell 22% to 12.32 billion yuan ($1.79 billion) in the fourth quarter, while…