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[6-K] ONECONNECT FINANCIAL TECHNOLOGY CO., LTD. Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

OneConnect Financial Technology Co., Ltd. (OCFT) reports that its privatization plan by way of a scheme of arrangement under Cayman Islands law became effective on November 19, 2025 (Cayman Islands time). As a result, the company is moving toward ending its public listings.

The withdrawal of listing of OneConnect’s ordinary shares from the Hong Kong Stock Exchange is expected to take effect on November 21, 2025 (Hong Kong time). Trading in the company’s ADSs on the NYSE is expected to be permanently suspended on November 21, 2025 (New York time), with delisting from the NYSE anticipated on December 1, 2025. The company also plans to file Form 15 on December 1, 2025 to deregister under the U.S. Securities Exchange Act.

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Insights

OneConnect’s privatization is now effective, with HKEX and NYSE exits scheduled.

OneConnect confirms that its Cayman Islands scheme of arrangement to privatize the company became effective on November 19, 2025. This means the company is transitioning from a publicly traded structure in both Hong Kong and the U.S. to a private ownership model under the terms of the scheme.

The timeline is clear: withdrawal of listing in Hong Kong is expected on November 21, 2025, permanent suspension of ADS trading on the NYSE also on November 21, 2025, and NYSE delisting on December 1, 2025. The planned Form 15 filing on the same date would terminate its reporting obligations under the U.S. Securities Exchange Act, concentrating disclosure in non-U.S. channels referenced in the announcement.

For investors, these steps set firm dates after which public trading access to OCFT shares and ADSs will cease, with further details referenced in the Schedule 13E-3 and a joint announcement attached as Exhibit 99.1. The practical impact will depend on the specific scheme terms and payment mechanics detailed in those documents.

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of November 2025

 

Commission File Number: 001-39147

 

ONECONNECT FINANCIAL TECHNOLOGY CO., LTD.

(Registrant’s Name)

 

21/24F, Ping An Finance Center
No. 5033 Yitian Road, Futian District
Shenzhen, Guangdong, 518000
People’s Republic of China
(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x Form 40-F ¨

 

 

 

 

 

 

OneConnect Announces Effectiveness of Privatization

 

OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) today announces that the proposal to privatize the Company by way of a scheme of arrangement under the Companies Act (2025 Revision) of the Cayman Islands (the “Scheme”) became effective on November 19, 2025 (Cayman Islands time).

 

The withdrawal of listing of the Company’s ordinary shares from the Hong Kong Stock Exchange is expected to be effective on November 21, 2025 (Hong Kong time). The permanent suspension of trading in the ADSs on the NYSE is expected to take place on November 21, 2025 (New York Time), and the Company’s ADSs are expected to be delisted from the NYSE on December 1, 2025 (New York time). The Company intends to file a certification and notice on Form 15 with the SEC on December 1, 2025 (New York time) to deregister under the Securities Exchange Act of 1934, as amended.

 

For more details, please refer to the Schedule 13E-3 to be filed by the Company, among others, with the SEC on the date hereof as well as the joint announcement furnished as Exhibit 99.1 to this Form 6-K.

 

 

 

 

EXHIBIT INDEX

 

Exhibit Number   Description
     
Exhibit 99.1   Announcement on the Stock Exchange of Hong Kong - Joint Announcement in Relation to (1) Proposal for the Privatisation of OneConnect Financial Technology Co., Ltd. by Way of a Scheme of Arrangement (Under Section 86 of the Companies Act) (2) Proposed Withdrawal of Listing of OneConnect Financial Technology Co., Ltd. (3) Effective Date of the Scheme (4) Withdrawal of Listing of the Shares and Delisting of the ADSs and (5) Despatch of Cheques and Wire Transfer for Cash Payment Under the Scheme

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

OneConnect Financial Technology Co., Ltd.

 

  By:

/s/ Dangyang Chen

  Name: Dangyang Chen
  Title: Chairman of the Board and Chief Executive Officer

 

Date: November 20, 2025

   

 

4

FAQ

What did OneConnect Financial Technology (OCFT) announce in this Form 6-K?

OneConnect announced that its proposal to privatize the company by way of a scheme of arrangement under the Companies Act of the Cayman Islands became effective on November 19, 2025 (Cayman Islands time).

When will OneConnect’s shares be withdrawn from the Hong Kong Stock Exchange?

The withdrawal of listing of OneConnect’s ordinary shares from the Hong Kong Stock Exchange is expected to be effective on November 21, 2025 (Hong Kong time).

What is happening to OneConnect’s ADSs on the NYSE and when?

Permanent suspension of trading in OneConnect’s ADSs on the NYSE is expected on November 21, 2025 (New York time), and the ADSs are expected to be delisted on December 1, 2025 (New York time).

Will OneConnect (OCFT) remain an SEC-reporting company after the privatization?

No. OneConnect intends to file Form 15 with the SEC on December 1, 2025 to deregister under the Securities Exchange Act of 1934, which would end its ongoing SEC reporting obligations.

Where can investors find more details about the OneConnect privatization terms?

The company refers investors to the Schedule 13E-3 to be filed with the SEC and to the joint announcement furnished as Exhibit 99.1 to this Form 6-K for further details on the privatization and related arrangements.

What does the exhibit to this OneConnect 6-K cover?

Exhibit 99.1 is a joint announcement on the Hong Kong Stock Exchange covering the privatisation proposal, the withdrawal of listing, the effective date of the scheme, the delisting of ADSs, and the despatch of cheques and wire transfers for cash payment under the scheme.
Oneconnect Financial Technology Co Ltd

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