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FANH - Fanhua To Leave Wall Street. Next Stop Hong Kong?
Fanhua Inc.
Of the three major U.S.-listed Chinese online insurance brokers, the oldest has just announced a plan to go private.
Fanhua was the first of the trio to list in New York, leading some to call it "Asia’s first insurance broker,” offering life, property, and casualty insurance through its online and offline channels.
The market greeted the news with some brief euphoria before reason returned.