Why These 15 AI Stocks Are Skyrocketing So Far In 2025

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13. OneConnect Financial Technology (NYSE:OCFT)

Number of Hedge Fund Holders In Q3 2024: 3

OneConnect Financial Technology (NYSE:OCFT) is a technology-as-a-service company. It specializes in cloud-based fintech solutions and integrates AI.

The company reported a net profit attributable to the parent company of about RMB 110 million for the first nine months. This is a 138.9% year-over-year increase. Revenue from overseas third-party customers grew 23.4%.

Moreover, the company sold its virtual banking business to Lufax for HKD 933 million in April 2024. This is to scale back low-margin businesses and concentrate on more profitable segments.

The average analyst price target of $7 implies 105.88% upside for the stock.

OCFT stock is up 41.15% year-to-date.

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