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OneConnect Announces Partial Exercise of Over-Allotment Option in Initial Public Offering

Jan 16, 2020 - Business Wire

OneConnect Financial Technology Co. Ltd. ("OneConnect" or "the Company") ( OCFT ), a leading technology-as-a-service platform for financial institutions in China, today announced the closing of the issuance of an additional 3,520,000 American Depositary Shares ("ADSs") of the Company at the initial public offering ( the "IPO") price of US$10.0 per ADS, pursuant to the partial exercise of the underwriters' over-allotment option in connection with the IPO.

Morgan Stanley & Co. LLC, Goldman S...