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

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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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