OneConnect Financial Technology Co. Ltd., listed on the Stock Exchange of Hong Kong and the NYSE under the ticker OCFT, has announced a proposal to privatize the company through a scheme of arrangement. This move will lead to the withdrawal of its listing. The process is being managed with the assistance of financial advisers, including Morgan Stanley Asia Limited and Gram Capital Limited. The joint announcement, issued by Bo Yu Limited and OneConnect, highlights the ongoing steps in this transition, as the company seeks to delist and complete its privatization strategy.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OneConnect Financial Technology Co. Ltd. published the original content used to generate this news brief on July 20, 2025, and is solely responsible for the information contained therein.