The Chinese insurance company Ping An is preparing for a potential IPO of its subsidiary OneConnect worth $ 8 billion.
The sale of OneConnect shares could raise around $ 1 billion
According to people familiar with the matter being spoken to BloombergPing An now intends to list OneConnect in Hong Kong in the second half of this year. The stock sale could bring in around $ 1 billion, according to the population.
The insurance company initially had a donation goal of …
