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OneConnect Financial Technology Co Ltd ( (HK:6638) ) has shared an update.
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 the terms remain uncertain. The companies will continue to update stakeholders with monthly announcements until a firm decision is reached. Stakeholders are advised to exercise caution as the proposal is non-binding and may not proceed.
More about OneConnect Financial Technology Co Ltd
OneConnect Financial Technology Co., Ltd. is a company incorporated in the Cayman Islands, primarily operating in the financial technology industry. It is listed on the Hong Kong Stock Exchange and the New York Stock Exchange under the ticker OCFT, focusing on providing technology solutions to financial institutions.
YTD Price Performance: 111.11%
Average Trading Volume: 1,536,767
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.78B
For a thorough assessment of 6638 stock, go to TipRanks’ Stock Analysis page.