In this article we discuss the 5 best affordable tech stocks to invest in now. If you want to read our detailed analysis about the tech industry, go directly to the 10 Best Affordable Tech Stocks to Invest In Now.
5. OneConnect Financial Technology Co., Ltd. (NYSE: OCFT)
Price as of May 12, 2021: $14.09 per share
Number of Hedge Fund Holders: 5
OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) is a technology company specializing in the supply of online information and operating support services and cloud-platform-based Fintech solutions for financial institutions.
The company announced an agreement with China Insurance Asset Registration and Transaction System Co to integrate its platform advantages in financial infrastructure. OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) has also struck another deal with the Bank of Beijing Jinan Branch in Jinan to undertake its digital transformation project.
In Q4 2020, the company reported an increase in revenue by 39.2% to RMB1.08 billion from RMB773 million in Q4 2019.