Published: 7:02pm, 12 Oct, 2017 Updated: 2:55pm, 20 Jul, 2018
China 's first online - only insurer ZhongAn has launched a joint venture ( sic ) with Hong Kong - based Sinolink Worldwide . The venture will involve the two firms offering loans , equity , equity financing and fund transfer services . Despite ZhongAn 's shares rising on the news of the JV , some analysts commented that it may move the insurer away from its core business operations . ZhongAn listed in Hong ##zhou on 22 September , and saw its shares rise 60 % in its first week of trading , but expects to post a growth this year , partly driven by changes to its product mix .