Lufax Holding Ltd

Lufax Holding Ltd is a Cayman Islands-incorporated financial services company listed on both the Hong Kong Stock Exchange (6623) and NYSE (LU). The Group is principally engaged in core retail credit and enablement business and consumer finance business. Lufax operates as a consolidated entity that includes subsidiaries and structured entities controlled through contractual arrangements. The company is associated with Ping An Group, which has substantial influence over its operations. Lufax maintains a sizeable asset base, with total assets of approximately RMB 202.7 billion as of June 30, 2026, and generated total income of approximately RMB 27.1 billion for the year ended December 31, 2025. The company underwent a significant corporate governance restructuring following an independent forensic investigation into connected transactions, loan arrangements, and hospitality expense irregularities, resulting in restated financial statements for 2022 and 2023, changes to board composition and senior management, establishment of a Chief Compliance Officer role, and enhanced internal control systems. Trading in Lufax shares on the Hong Kong Stock Exchange was suspended from January 28, 2025 through September 24, 2026. Updated Sep 24, 2026