OneConnect Financial Technology

General Information


We are a leading technology-as-a-service platform for financial institutions in China. Our platform provides cloud-native technology solutions that integrate extensive financial services industry expertise with market-leading technology. Our solutions provide technology applications and technology-enabled business services to financial institutions. Together they enable our customers’ digital transformations, which help them increase revenue, manage risks, improve efficiency, enhance service quality and reduce costs. As of September 30, 2019, we had over 3,700 customers and we had the largest number of financial institution customers among technology-as-a-service platforms in China.

Employees: 2695
Founded: 2015
Contact Information
Address 55F, Ping An Financial Center, No. 5033 Yitian Road, Futian District, Shenzhen, Guangdong, People's Republic of China
Phone Number +86-21-2066-0625
Web Address
View Prospectus: OneConnect Financial Technology
Financial Information
Market Cap $3657.7mil
Revenues $293.5 mil (last 12 months)
Net Income $-215.5 mil (last 12 months)
IPO Profile
Symbol OCFT
Exchange NYSE
Shares (millions): 31.2
Price range $10.00 - $10.00
Est. $ Volume $312.0 mil
Manager / Joint Managers Morgan Stanley/ Goldman Sachs/ J.P. Morgan/ Ping An of China Securities (Hong Kong)
CO-Managers BofA Securities/ HSBC/ CLSA/ KeyBanc Capital Markets
Expected To Trade: 12/13/2019
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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