OneConnect Financial Technology Co. Ltd., listed under stock code 6638 on the Hong Kong Stock Exchange and NYSE ticker OCFT, is set to undergo privatization through a scheme of arrangement. This move will lead to its delisting from the stock exchange. The joint announcement made on July 9, 2025, highlights the satisfaction of a pre-condition related to this proposal. The company is moving forward with the privatization process, with Bo Yu Limited playing a significant role in the proceedings. Further updates on the delisting process and its completion are anticipated, as the company progresses through the necessary steps.
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