Headquartered in Lujiazui Ring Road, Shanghai Fiscal year ends December NYSE: LU lufaxholding.com
Lufax Holding Ltd is a financial services enabler focused on serving small business owners in China. The company offers financing products designed to address the needs of small business owners and others, enabling loans through partnerships with over 85 financial institutions in China. Lufax operates a retail credit enablement business that includes both on-balance-sheet lending (through its consumer finance subsidiary and microloan operations) and off-balance-sheet loan facilitation. The company is undergoing a strategic transition, shifting its business mix from off-balance-sheet technology platform-based services toward on-balance-sheet consumer finance lending, where it bears direct credit risk. Lufax is dual-listed on the NYSE and the Hong Kong Stock Exchange (HKEX: 6623) and is in the process of strengthening its internal controls and governance framework. Updated
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Lufax Holding Ltd is a financial services enabler focused on serving small business owners in China. The company offers financing products designed to address the needs of small business owners and others, enabling loans through partnerships with over 85 financial institutions in China.
The Wall Street consensus 12-month price target for LU is $23.57. LU price prediction →
