Chinese fintech firm Wangjin Holdings plans $500m HK IPO in 2017

Chinese fintech firm Wangjin Holdings plans $500m HK IPO in 2017

100 Yuan notes are seen in this illustration picture in Beijing November 5, 2013. REUTERS/Jason Lee/Files

Guangdong Wangjin Holdings Technology, which builds and operates online finance platforms for Chinese banks and insurers, plans to raise at least $500 million in an initial public offering in Hong Kong in 2017, IFR reported on Friday, citing people familiar with the plans.

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