Fintech Arm of Chinese Insurance Giant Files for US IPO After Blockchain Push

Fintech Arm of Chinese Insurance Giant Files for US IPO After Blockchain Push – CoinDesk

SoftBank-backed OneConnect Financial Technology, the fintech arm of China’s largest insurance company Ping An Insurance, filed a prospectus on Wednesday for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). The firm plans to list its American Depository Shares on NYSE or NASDAQ with the ticker “OCFT.”