Chinese insurer Ping An's fintech arm OneConnect files for US IPO

Chinese insurer Ping An's fintech arm OneConnect files for US IPO

The Ping An Insurance Group Co. logo is displayed atop the Ping An International Financial Center (IFC) in Beijing, China, on Wednesday, Aug. 9 2017. Photographer: Qilai Shen/Bloomberg

OneConnect Financial Technology, the fintech unit of China’s largest insurer Ping An Insurance, announced on Wednesday that it has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission.

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