BRIEF: OneConnect receives privatization offer from parent Ping An
Financial technology services provider OneConnect Financial Technology Co. Ltd. (OCFT.US; 6638.HK) said on Monday that its controlling shareholder, financial services giant Ping An Group, has offered to take the company…
OneConnect in forced divorce from parent Ping An
The financial software services provider will shutter its cloud business, whose main clients were its parent and other related companies Key Takeaways: OneConnect will shutter its cloud services division, which…
FAST NEWS: OneConnect’s loss narrows on aggressive cost controls
The latest: Financial technology services provider OneConnect Financial Technology Co. Ltd. (OCFT.US; 6638.HK) announced Monday that its net loss narrowed 58.4% to 363 million yuan ($50.4 million) in 2023. Looking up:…
NEWS WRAP: OneConnect’s losses narrow as cost cuts offset revenue decline
The provider of technology products and services to banks and insurers blamed a “lagging” business recovery for its 14% revenue decline in the three months to June By Doug…
FAST NEWS: OneConnect Cashes Out of Non-core Business
The latest: Financial technology service provider OneConnect Financial Technology Co. Ltd. (OCFT.US; 6638.HK) on Thursday said it sold its 40% stake in Puhui Lixin to Puhui Management, a company principally…
OneConnect Files for Hong Kong Listing, But Customer Diversification Remains Key
Latest results show the fintech services provider’s pool of ‘high-value customers’ increased substantially last year, a positive sign as it plans a dual listing in Hong Kong Key Takeaways: OneConnect…
Finding Middle Ground: Chinese Companies Need to Recalibrate Their Global Strategies
The world is a far different place from the one Chinese companies faced when they first began going out. They need to change their strategies to reflect that By Lub…
Recent Articles
OneConnect in forced divorce from parent Ping An
6638.HK
OCFT.US
FAST NEWS: OneConnect’s loss narrows on aggressive cost controls
OCFT.US
6638.HK
RELATED ARTICLES
-
BRIEF: Ping An Healthcare controlling shareholder makes share offer, says no plans for privatization
1833.HK 2318.HK 601318.SHG -
Bumper dividend could trigger buyout for Ping An Health
1833.HK
-
BRIEF: Lifestyle China raises privatization offer price
2136.HK
-
Youdao looks to parent, global markets to revive stalling growth
DAO.US
-
BRIEF: Ping An Healthcare records first annual profit
1833.HK
- Baige flies into IPO on demand for its popular – but costly – insurance risk services
-
NEWS WRAP: JD.com completes Dada Nexus takeover with privatization bid
DADA.US
