- Just a day after announcing its latest earnings, OneConnect Financial Technology has filed for a second listing in Hong Kong, aiming at broadening its investor base and boosting its share liquidity.
- Since its founding, OneConnect’s heavy reliance on business from its de-facto parent, Ping An Group, has been a bit of an Achilles’ heel for the company.
- Growing its high-value customer base outside the Ping An family is a key focus for OneConnect, and something closely watched by investors.
- Unlike other technology-related companies that face tougher government scrutiny, OneConnect stands to benefit from a government push for the digitalization of financial services.
For further details see:
OneConnect Files For Hong Kong Listing, But Customer Diversification Remains Key