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OneConnect and Bo Yu Continue Discussions on Indicative Proposal

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OneConnect and Bo Yu Continue Discussions on Indicative Proposal

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OneConnect Financial Technology Co Ltd ( (HK:6638) ) has issued an announcement.

OneConnect Financial Technology Co., Ltd. and Bo Yu Limited have issued a joint announcement regarding ongoing discussions about an Indicative Proposal under the Takeovers Code. As of now, no decision has been made to proceed with the proposal, and it remains non-binding and uncertain. The companies will continue to provide monthly updates until a firm decision is reached. Stakeholders are advised to exercise caution as the proposal may or may not proceed.

More about OneConnect Financial Technology Co Ltd

OneConnect Financial Technology Co., Ltd. is a company incorporated in the Cayman Islands with limited liability. It is listed on the Hong Kong Stock Exchange under stock code 6638 and on the New York Stock Exchange under ticker OCFT. The company operates in the financial technology industry, providing technology solutions to financial institutions.

YTD Price Performance: 137.50%

Average Trading Volume: 1,443,156

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.98B

Learn more about 6638 stock on TipRanks’ Stock Analysis page.

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