Ping An IPO News

Ping An’s OneConnect Raises $312 Million in Expanded U.S. IPO

China-based cloud fintech platform OneConnect Financial Technology Co. expanded its U.S. initial public offering to raise $312 million, partly reversing cuts to its share-sale plans disclosed one day ago. The company, one of several Ping An Insurance (Group) Co. businesses …

IPO for Ping An’s OneConnect Cut in Half

China-based cloud fintech platform OneConnect Financial Technology Co. cut its planned U.S. initial public offering set for Thursday by almost half. The company, one of several Ping An Insurance (Group) Co. businesses backed by SoftBank Group Corp., said in a …

Ping An’s Technology Unit OneConnect Reduces Offering in U.S. IPO

Ping An Insurance’s OneConnect Financial Technology launched a U.S. initial public offering (IPO) of up to $504 million on Tuesday, reducing both its target offering size and valuation. The unit of China’s biggest insurer by market value, Ping An Insurance …