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IPOs - Asias Headlines

SoftBank-backed OneConnect slashes price range, downsizes IPO

Ping An Insurance's OneConnect Financial Technology on Wednesday lowered the price range for its planned U.S. initial public offering, dealing yet another blow to its investor SoftBank, which is still reeling from the fallout of WeWork's failed listing.

China's WeWork equivalent Ucommune files for U.S. IPO

China's biggest shared workspace provider Ucommune on Wednesday filed paperwork with the U.S. securities regulator for an initial public offering, months after WeWork shelved its IPO amid severe investor concerns over its mounting losses.

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