Ping An Forms $1 Billion Global Investment Fund for Fin-Tec and Healthcare Startups
publication date: May 4, 2017
Ping An Insurance Group, China's largest insurer by market value, announced plans to launch a $1 billion international fund that will invest in fin-tech and healthcare startups. Ping An is already a player in the fin-tech area with Lufax, China's biggest peer-to-peer lending and wealth management platform. In healthcare, the company offers Ping An Good Doctor, a mobile app, which has 140 million users and is, says Ping An, the first healthcare stop for many people in China. More details....
Stock Symbols: (HK: 2318; SHA: 601318)
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