{"id":"tp-4413","type":"article-newspaper","title":"OneConnect seeks to raise $500M for its upcoming IPO amidst global expansion of parent company Ping An","author":"J Russ Isberto","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/4413","datePublished":"2019-12-05T06:24:55.000Z","dateModified":"2019-12-05T06:24:55.000Z","language":"en","abstract":"OneConnect has set the price of its upcoming IPO and is aiming to raise $500 million, which is significantly lower than the original $1 billion target.","section":"Business","references":[{"title":"$430 million to $504 million","url":"https://www.sec.gov/Archives/edgar/data/1780531/000104746919006578/a2240090zf-1a.htm#ca40701_prospectus_summary"},{"title":"CoinDesk reported","url":"https://www.coindesk.com/chinese-insurance-giant-ping-ans-blockchain-arm-reveals-terms-for-468m-ipo"},{"title":"As reported by Reuters","url":"https://www.reuters.com/article/oneconnect-ipo/ping-ans-oneconnect-to-launch-500-million-us-ipo-in-rare-down-round-sources-idUSL8N28C3SR"},{"title":"Co-chief executive officer Jessica Tan told Bloomberg","url":"https://www.bloomberg.com/news/articles/2019-12-02/ping-an-co-ceos-talk-about-the-chinese-insurer-s-move-into-tech"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}