Ping An’s Money-Losing Fintech Unicorn Eyes U.S. IPO

2019年11月15日 19:35 来源于财新网

OneConnect’s net loss has continued to widen this year, but as a share of revenue, it has been shrinking since 2017

: OneConnect announced Nov. 13 that it had submitted an IPO prospectus to the U.S. Securities and Exchange Commission. Photo: IC Photo

A money-losing fintech unicorn controlled by China’s largest privately held financial group is seeking an initial public offering (IPO) in the U.S., becoming the latest Chinese tech firm attempting to tap the American capital market.

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