By Benjamin Horney ( September 8, 2017, 3:23 PM EDT) -- Zhong An Online Property and Casualty Insurance Co. Ltd., China's first ever online-only insurance company, has received approval from the Hong Kong stock exchange for its planned initial public offering, according to a Friday report from Reuters. The report said Zhong An could begin ascertaining investor interest in the IPO, which supposedly could bring in as much as $1.5 billion, as soon as next week. Reports in late June said Zhong An had filed for the IPO....
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