Chinese online insurance platform Huize trims IPO target to $48m

Chinese online insurance platform Huize trims IPO target to $48m

Photographer: Victor J. Blue/Bloomberg

Huize Holding, the operator of an online insurance intermediation platform in China, plans to raise about $48 million after pricing its US initial public offering (IPO) at a range of $9.40 to $11.40, according to its latest filing.

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