OneConnect Financial Technology Co Ltd
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Information Technology : Software | Small Cap Value
Based in China
Company profile

OneConnect Financial Technology Co Ltd is a holding company providing technology-as-a-service for the financial services industry. The Company’s integrated technology solutions span digital retail banking, digital commercial banking, and digital insurance segments with comprehensive solutions, encompassing sales management, risk management and operation support services within each segment. The Company builds and operates a Gamma Platform, which is a technology infrastructural platform for financial institutions. The Company’s product and service offerings can be deployed either on an integrated basis to deliver full-stack end-to-end solutions or on an incremental basis to quickly respond to customer requirements.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees

Price
Delayed
$1.27
Day's Change
0.065 (5.42%)
Bid
--
Ask
--
B/A Size
--
Day's High
1.46
Day's Low
1.24
Volume
(Heavy Day)

Today's volume of 683,118 shares is on pace to be much greater than OCFT's 10-day average volume of 459,529 shares.

683,118

Does Biden have a left-wing agenda after running as a moderate? His chief of staff says all plans were 'put before the voters' in 2020

9:42 am ET March 3, 2022 (MarketWatch)
Print

By Victor Reklaitis

Ron Klain: 'If anything, we've trimmed that agenda back'

That was President Joe Biden's White House chief of staff, Ron Klain, as he spoke Wednesday afternoon at an Economic Club of Washington, D.C., event.

Klain's remark came in response to a question from David Rubenstein, who is the Economic Club's chairman as well as the co-chairman of the Carlyle Group CG, the private equity giant. Rubenstein had asked him to give his take on the view that Biden "campaigned as a moderate, but he's governing more to the left than people expected."

"That criticism wipes out the history of the 2020 campaign," Klain also said, while responding to the question.

"Our economic agenda is the economic agenda he ran on, and 81 million Americans voted for when they elected him," Klain added. "In fact, if anything, we've trimmed that agenda back. The Build Back Better plan that we sent to Capitol Hill was significantly smaller than even the one we campaigned on."

In his State of the Union speech on Tuesday night, Biden made a fresh sales pitch for parts of his Build Back Better plan -- a social-spending and climate package that stalled in the Senate in December. Casting his proposals as ways to fight inflation, he talked up clean-energy (ICLN)incentives, a cap on what families must pay for child care, efforts to lower drug prices and more.

While the president pushed such proposals in the speech, he did not, however, use the name Build Back Better. Biden instead spoke of "building a better America."

U.S. stocks rose at the open Thursday. The main equity gauges closed sharply higher on Wednesday, as Federal Reserve chief Jerome Powell outlined plans to begin raising interest rates to address inflation, but played down the prospect of a larger-than-usual hike this month.

This report was first published on March 2, 2022.

-Victor Reklaitis

	

(END) Dow Jones Newswires

March 03, 2022 09:42 ET (14:42 GMT)

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