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Zhong An seeks $11bn IPO valuation

hong-kong-vertical

Hong Kong-based online property and casualty insurer Zhong An is planning to seek an initial public offering valuation of up to $11bn (£8.3bn).

The online insurer will offer shares within a range of HK $53.70 to HK $59.70 each, raising $1.5bn with its Hong Kong initial public offering, Reuters reported.

The listing will value the entire

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