Ping An’s OneConnect chops US IPO proceeds in half

Jonathan Breen

December 12, 2019 09:30 am

fintech_adobe_230x150 — technology and business concept: man using a laptop with roi software on the screen. All screen graphics are made up. | georgejmclittle - stock.adobe.com

OneConnect Financial Technology Co, a unit of Chinese conglomerate Ping An Group, reduced the size and price range of its New York Stock Exchange listing on Wednesday, a day before it was to be priced.

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Topics

CITIC Securities JP Morgan Equity IPOs Equity China Bank of America Americas Asia Greater China Morgan Stanley Northeast Asia Asia Pacific United States Emerging Markets North America HSBC Ping An Securities Goldman Sachs

JB

Jonathan Breen

Equities editor GlobalCapital Asia