Marketing solutions provider Uju Holding (HKG:1948) acquired 266,666 American depositary shares (ADSs) in Yuanbao in the latter's initial public offering for $4 million or $15 apiece, a May 2 Hong Kong bourse filing said.
The underlying ordinary shares under the acquired ADSs represent roughly 0.59% of Yuanbao's total issued shares.
Yuanbao is a leading technology-driven online insurance distributor incorporated in the Cayman Islands.
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