SoftBank-backed OneConnect set to raise $312 million in U.S. IPO - source
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NEW YORK (Reuters) - Ping An Insurance's OneConnect Financial Technology is set to raise around $312 million (£243.18 million) in its U.S. initial public offering (IPO) on Thursday, according to a person familiar with the matter. OneConnect priced around 31.2 million American depositary shares (ADS) in its IPO at $10, compared to a price range lowered on Wednesday to $9 to $10 per share and a goal of selling 26 million ADS.A spokesman for OneConnect declined to comment.