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Zhong An looking at 2016 IPO

Founded as a partnership between insurer Ping An and internet giants Alibaba and Tencent in 2013, China's first online-only insurer is looking to list on the domestic market in 2016. 

Zhong An raised over $900m in 2015 from investors including Morgan Stanley, CICC and CDH Investments and is seeking to capitalize on the booming Chinese financial services market with its IPO.

At $2 billion, the deal would be the largest-ever technology-related listing in mainland China and the biggest IPO since brokerage Guotai Junan Securities Co raised $4.8 billion last June, Thomson Reuters data showed.