OneConnect Announces Expected Trading Halt of ADSs on NYSE
OneConnect Financial Technology Co., Ltd. has provided updates regarding the expected trading halt of its American Depositary Shares (ADSs) on the New York Stock Exchange (NYSE) on October 30, 2025. The halt is anticipated to occur at 9:30 a.m. New York time. This follows the filing of Amendment No. 3 to the Rule 13e-3 Transaction Statement on Schedule 13E-3 with the U.S. Securities and Exchange Commission on September 23, 2025. The filing relates to the proposal to privatize the Company through a scheme of arrangement under the Companies Act (2025 Revision) of the Cayman Islands. If the Scheme is approved at the Court Meeting and Extraordinary General Meeting scheduled for October 28, 2025, the NYSE will implement the trading halt before the market opens on October 30, 2025. The last day of trading for the Company’s Ordinary Shares on the Hong Kong Stock Exchange is also expected to be October 30, 2025. Should the Scheme be sanctioned by the Cayman court and become effective in November 2025, the trading of the Company’s ADSs on the NYSE will not resume, with the last trading day being October 29, 2025.