According to the Zhongtong Finance app, Zhong'an Online (06060) rose more than 3%, up 3.55% to HKD 14.60, with a turnover of HKD 13.89 million as of the publication of this article.
On June 18, ZA Tech announced the completion of a Series A funding round of 35 million US dollars and was officially renamed as Peak3. This round of financing was led by EQT, a large European private equity firm, with JPMorgan serving as the exclusive financial advisor.
According to ZA Tech, the company will accelerate its expansion in the Europe, Middle East and Africa (EMEA) regions, as well as accelerate its layout in AI and big data, in line with the trend of AI-empowered insurance industry. ZA Tech will drive the digitization of the global insurance industry towards intelligent development.