OneConnect Financial Technology Co., Ltd. (OCFT), a technology-as-a-service platform for financial institutions, Wednesday reported loss from continuing operations of RMB38.36 million or RMB 1.06 per ADS for the first quarter, lower than RMB53.69 million or 1.48 per ADS loss in the same period last year, primarily helped by lower expenses.
Revenue form continuing operations declined to RMB367.78 million from RMB723.27 million in the previous year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.