OneConnect Announces Partial Exercise of Over-Allotment Option in Initial Public Offering

SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co. Ltd. (“OneConnect” or “the Company”) (OCFT), a leading technology-as-a-service platform for financial institutions in China, today announced the closing of the issuance of an additional 3,520,000 American Depositary Shares ("ADSs") of the Company at the initial public offering ( the “IPO”) price of US$10.0 per ADS, pursuant to the partial exercise of the underwriters' over-allotment option in connection with the IPO. Morgan S

IPO

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January 16, 2020 at 01:19AM by , Khareem Sudlow