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OneConnect Announces Delay in Privatization Scheme Document Dispatch

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OneConnect Announces Delay in Privatization Scheme Document Dispatch

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OneConnect Financial Technology Co Ltd ( (HK:6638) ) just unveiled an update.

OneConnect Financial Technology Co., Ltd. has announced a delay in the dispatch of its Scheme Document related to its proposed privatization and withdrawal from the stock exchange. The delay is due to the need for additional time to finalize the document, considering various regulatory reviews and court orders. The new expected dispatch date is no later than October 31, 2025. This delay may impact the company’s operational timeline and strategic plans, and stakeholders are advised to exercise caution.

More about OneConnect Financial Technology Co Ltd

OneConnect Financial Technology Co., Ltd. is a company incorporated in the Cayman Islands, operating within the financial technology industry. It is listed on the Hong Kong Stock Exchange and the New York Stock Exchange under the stock code 6638 and ticker OCFT, respectively.

Average Trading Volume: 1,173,498

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.26B

For an in-depth examination of 6638 stock, go to TipRanks’ Stock Analysis page.

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