OneConnect Financial Technology, a technology-as-a-service provider for financial institutions, announced that it has successfully listed, by way of introduction, its ordinary shares on the main board of the Stock Exchange of Hong Kong (SEHK).
The shares are traded on the main board of SEHK under the stock code “6638” in board lots of 500 shares, and the stock’s short name is “OCFT”.
The company’s American depositary shares (ADSs), each representing three shares, remain primarily listed and traded on the New York Stock Exchange (NYSE).
In connection with OneConnect’s listing, the company’s depositary facility for its ADSs is expected to be closed for the deposits of its shares and will re-open on November 14, 2022.
The shares have not been registered under the U.S. Securities Act of 1933, as amended (the Securities Act), or the securities laws of any other jurisdiction.
Unless they are registered, the shares may be offered only in transactions that are exempt from registration under the Securities Act, or the securities laws of any other jurisdiction.
According to a report by the Chinadaily Global, Shen Chongfeng, Director and CEO of OneConnect said,
“While expanding our base of financial institution customers, we have also been extending our services to broader customer groups and into wider regions. Based in the Chinese mainland, we have a presence in Hong Kong and have conducted outreach across Southeast Asia.
We provide a variety of fintech products and services to financial institutions, governments, regulators and large enterprises. OneConnect continues to contribute to the quality development of the digital economy.”
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