Huize Holding, the operator of an online insurance intermediation platform in China, has filed to raise about $150 million in an initial public offering (IPO) in the US, according to its preliminary prospectus.
The filing is heavily redacted, and Huize, founded by Ma Cunjun in 2014, has not specified the number of and price of American depositary shares it intends to sell. Its prospectus showed that it plans to list on the New York Stock Exchange or the Nasdaq under the symbol HUIZ.
