OneConnect’s Dual Primary Listing By Way of Introduction

Maples Group acted as Cayman Islands legal counsel, Cleary Gottlieb Steen & Hamilton acted as legal advisors to OCFT as to Hong Kong and US laws and Haiwen & Partners as to PRC law. Clifford Chance and Grandall Law Firm acted as legal advisers to the joint sponsors Goldman Sachs and HSBC as to Hong Kong and US laws and PRC law respectively.

OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “OCFT”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, announced the proposed dual primary listing of its ordinary shares, par value US$0.00001 per share (the “Shares”) by way of introduction on the Main Board of The Stock Exchange of Hong Kong Limited (the “SEHK”). The Company’s American depositary shares (the “ADSs”), each representing three Shares, will continue to be primarily listed and traded on the New York Stock Exchange.

Goldman Sachs and HSBC acted as joint sponsors.

The Greater China team was led by partners Christine Xu (Picture) and Jean Thio, with support from counsel Samson Chan and Yuling Geng, and associates Jason Liu and Tao Yang.

The Maples’ team consisted of Finance Partner, Lorraine Pao with assistance from Associate, Jessica Zhan.

The Haiwen team advising on this listing is led by Ji Hu, and the team members include Yuqing Gu, Jingjing Yang and Hongyi Li.

Involved fees earner: Samson Chan – Clifford Chance; Yuling Geng – Clifford Chance; Jason Liu – Clifford Chance; Jean Thio – Clifford Chance; Christine Xu – Clifford Chance; Tao Yang – Clifford Chance; Jingjing Yang – DeHeng Law Offices; Yuqing Gu – Haiwen & Partners; Ji Hu – Haiwen & Partners; Hongyi Li – Haiwen & Partners; Lorraine Pao – Maples and Calder; Jessica Zhan – Maples and Calder;

Law Firms: Clifford Chance; DeHeng Law Offices; Haiwen & Partners; Maples and Calder;

Clients: Goldman Sachs; HSBC; OneConnect ;

Giulia Di Palma

Author: Giulia Di Palma