Tag: Lufax
Lufax Holding lists on the Hong Kong Stock Exchange: Improving Industry Demand and Focusing on Small and Micro Business (“SMBs”) Financing
Recently, Lufax Holding Limited (“Lufax Holding” or the “Company”, 06623.HK) lists by way of introduction on the Hong Kong Stock Exchange, realizing dual primary listing on HKEX and the NYSE. Lufax Holding now mainly provides small business owners (“SBOs”) and other highquality borrowers with tailored financing products. As of end of 2022, the total outstanding balance of enabled loans of the Company amounted to RMB576.5 billion (RMB, same as below), serving more than 6.6 million SBOs in China. Cutting-edge technology helps solve industry pain points SMBs are an important foundation for China’s economic and social development, contributing over 60% of ... Read more