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December 16, 2019 02:28 pm GMT

OneConnects drastic IPO value cut underscores the risk of high-growth, high-burn companies

OneConnect’s US-listed IPO flew under our radar last week, which won’t do. The company’s public offering is both interesting and important, so let’s take a few minutes this morning to understand what we missed and why we care. The now-public company sells financial technology that banks in China and select foreign countries can use to […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vG64M7A9RNI/

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