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Zhongan Technology plans to increase capital by approximately HK$496 million to Zhongan International, which holds ZA Bank
2023-09-22 05:19:49
Odaily News Zhongan Online announced that its wholly-owned subsidiary Zhongan Technology plans to increase capital by approximately HK$496 million to Zhongan International, which holds the virtual bank ZA Bank. The transaction will be divided into initial and subsequent delivery. After the transaction is completed, its shareholding in Zhongan International will be It will increase from the current 43.65% to 45.04%. ZhongAn Online stated that the company is optimistic about the prospects of ZhongAn International’s Hong Kong virtual bank and overseas market technology export business. (Economic Journal)