Why These 15 Tech Stocks Are up the Most So Far in 2025

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2. OneConnect Financial Technology Co Ltd (NYSE:OCFT)

Number of Hedge Fund Holders In Q4 2024: 2

OneConnect Financial Technology Co Ltd (NYSE:OCFT) is a leading technology-as-a-service provider for financial institutions in China.

The most impactful news in 2025 was the receipt of a privatization proposal in early March, which caused the stock to jump over 21% in a single day and contributed to a 70% gain in the past three months. Trading in OCFT shares was also temporarily halted on the Hong Kong Stock Exchange following the privatization news, adding to the volatility.

Earlier in April, the company completed the sale of its Ping An OneConnect Bank (Hong Kong) unit to Lufax Holding for HK$933 million, resulting in an estimated gain of RMB 262 million and streamlining its business to focus on core technology offerings.

OCFT stock is up 150.62% year-to-date.

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