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OneConnect Updates on Securities Amid Takeover Proposal

Story Highlights
  • OneConnect operates in the financial technology sector, providing solutions to financial institutions.
  • The company announced changes in securities following a takeover proposal, stressing compliance with the Takeovers Code.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OneConnect Updates on Securities Amid Takeover Proposal

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The latest announcement is out from OneConnect Financial Technology Co Ltd ( (HK:6638) ).

OneConnect Financial Technology Co., Ltd. announced updates following the dispatch of its Scheme Document related to a takeover proposal. The company reported the transfer and lapse of certain shares and options, impacting the number of relevant securities. The announcement also reminded associates to disclose their dealings in accordance with the Takeovers Code, highlighting the importance of compliance and transparency in the process.

More about OneConnect Financial Technology Co Ltd

OneConnect Financial Technology Co., Ltd. is a company incorporated in the Cayman Islands, operating in the financial technology industry. It is listed on both the Hong Kong Stock Exchange and the New York Stock Exchange under the ticker OCFT. The company focuses on providing technology solutions to financial institutions.

Average Trading Volume: 295,291

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.27B

See more insights into 6638 stock on TipRanks’ Stock Analysis page.

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