OCFT News and Press, OneConnect Financial Technology Co. Ltd. American Depositary Shares each representing three From 01/10/23

Summary Hong Kong IPOs fell sharply last year, but the fundraising is expected to rebound this year as global inflation moderates and China reopens. The fading threat of forced de-listings for Chinese companies in New York could have a negative impact on Hong Kong IPOs this year. Wh...

Summary A more focused product strategy has resulted in narrower losses for OneConnect Financial Technology. But OCFT's revenue growth has slowed, and customer concentration remains a key downside risk for the company. I rate OneConnect Financial Technology's shares as a Hold, as th...

OneConnect Financial Technology Co., Ltd. (“ OneConnect ” or the “ Company ”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced that it will change the ratio of its American depositary shares (“...

OneConnect Financial Technology Co., Ltd. (OCFT) Q3 2022 Earnings Conference Call November 10, 2022 7:00 AM ET Company Participants Danielle Gao – Head-Investor Relations Shen Chong Feng – Chairman and Chief Executive Officer Luo Yongtao – Ch...

The following slide deck was published by OneConnect Financial Technology Co., Ltd. in conjunction with their 2022 Q3 earnings call. For further details see: OneConnect Financial Technology Co., Ltd. 2022 Q3 - Results - Earnings Call Presentation

OneConnect Financial Technology press release ( NYSE: OCFT ): Q3 GAAP EPADS of -RMB 0.36. Revenue of RMB1.07B (+0.9% Y/Y). Gross margin was 35.1% as compared to 35.5% for the same period of the prior year; non-IFRS gross margin was 38.4%, as compared to 42.2%...

Revenue Reached RMB1,069 million and Net Profit Margin Improved to -12.4% for Third Quarter 2022 OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial instituti...

Penny stocks under $1 are a popular topic of discussion. That’s because they are some of the cheapest stocks in the market and can offer substantial potential for significant returns. Of course, this doesn’t mean that all penny stocks are destined for record-breaking moves...

OneConnect Financial Technology ( NYSE: OCFT ) has received NYSE notification related to its non-compliance with the exchange's continued listing standards. Pursuant to Section 802.01C of the NYSE's Listed Company Manual, a company will be considered to be below compliance...

OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced that it received a letter from the New York Stock Exchange (the “NYS...