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CICHY China Construction Bank Corp (PK)

12.90
0.04 (0.31%)
01 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
China Construction Bank Corp (PK) USOTC:CICHY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.04 0.31% 12.90 12.86 13.75 13.02 12.897 12.897 46,386 21:57:00

Hong Kong Fintech Company WeLab Raises $156 Million

12/12/2019 8:26am

Dow Jones News


China Construction Bank (PK) (USOTC:CICHY)
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   By Yifan Wang 
 

Financial-technology group WeLab has raised $156 million in its latest financing round, the company said Thursday.

Investors in the latest round include Alibaba Hong Kong Entrepreneurs Fund and CCB International, the Hong Kong-based company said.

The funds will be used to broaden WeLab's platform and product offerings, it said.

The company, which counts Sequoia Capital and Malaysian sovereign wealth fund Khazanah Nasional Berhad as investors, operates in Hong Kong, China and Indonesia.

 

Write to Yifan Wang at yifan.wang@wsj.com

 

(END) Dow Jones Newswires

December 12, 2019 03:11 ET (08:11 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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