Chinese insurance platform Huize raises $55m in US IPO

Chinese insurance platform Huize raises $55m in US IPO

REUTERS/Eric Thayer

Huize Holding, the operator of an online insurance intermediation platform in China, raised approximately $55 million after pricing its offering at $10.50 apiece, slightly above the midpoint of its $9.40-$11.40 range, according to its filing.