Ping An’s fintech spinoff, OneConnect, has floated in the US having raised $750m from investors including SoftBank Vision Fund and SBI last year.

OneConnect Financial Technology, a Singapore-based financial services platform developer formed by insurance group Ping An, has raised $312m in an initial public offering on the New York Stock Exchange. The company issued 31.2 million American Depositary Shares (ADSs), each representing three ordinary shares, priced at $10.00. Its ADSs briefly peaked at $10.71 on their second…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.