|Bid||20.49 x 1100|
|Ask||20.53 x 800|
|Day's range||20.23 - 20.66|
|52-week range||9.02 - 28.80|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||04 Aug 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||26.40|
OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT), a leading technology-as-a-service platform for financial institutions in China, today announced the closing of its underwritten public offering of 20,700,000 American depositary shares ("ADSs"), each representing three ordinary shares of the Company (the "Offering"), at a price of US$18.00 per ADS. The number of ADSs issued at closing included the exercise in full of the underwriters’ option to purchase 2,700,000 additional ADSs to cover over-allotment option.
These three companies look poised to benefit from the growth of the mobile internet economy in China over the next decade.
OneConnect (OCFT) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.