OneConnect to halt NYSE trading of ADSs on October 30 amid privatization plan
NegativeFinancial Markets

OneConnect has announced that it will halt trading of its American Depositary Shares (ADSs) on the New York Stock Exchange (NYSE) starting October 30, as part of a broader privatization plan. This move is significant as it reflects the company's strategic shift away from public markets, which could impact investors and the overall perception of its financial health. The decision raises questions about the future of the company and its ability to navigate the challenges of privatization.
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