ZhongAn raised HK$11.5 billion after pricing its shares at the top end of an indicated range for its September 28 trading debut, reflecting the largest ever fintech IPO in Hong Kong. Photo: Reuters

The cost of ‘Oops’: Misplaced article on regulator’s website sends ZhongAn shares reeling

ZhongAn plunged after the Hainan branch of the China Insurance Regulatory Commission posted an opinion piece on its website, misleading readers into thinking it was a regulatory notice. The article was later removed.

Topic |   Insurance

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ZhongAn raised HK$11.5 billion after pricing its shares at the top end of an indicated range for its September 28 trading debut, reflecting the largest ever fintech IPO in Hong Kong. Photo: Reuters
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