Ping An’s OneConnect revives IPO plan, heads to the US

By Jonathan Breen
15 Nov 2019

OneConnect Financial Technology, an arm of Chinese financial conglomerate Ping An Group, has set the ball rolling for an up to $100m US IPO, having previously sought to list in Hong Kong.

The company began as a developer of financial technology for Ping An, but has broadened to provide fintech solutions to a range of customers that include banks, insurers, wealth managers and healthcare companies.

OneConnect filed listing documents with the US Securities and Exchange Commission on Wednesday. It has ...

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