Why OneConnect Financial Technology Soared Today

Shares of OneConnect Financial Technology (NYSE: OCFT) were soaring today, up by roughly 11% as of 11:34 am ET.

Of course, the fact that the Chinese fintech platform is down by a stunning 88% over the past year might have had something to do with it. Still, there was a positive catalyst today: The company announced a new upgraded fintech platform called Gamma Core.  

Image source: Getty Images.

Continue reading

Source Fool.com