You are here


China's Lufax seeking US$60b valuation in Hong Kong IPO

Lufax is set to become China's second most valuable fintech firm after Alibaba's affiliate, Ant Financial, which was valued at US$75 billion by CLSA in 2016, the South China Morning Post says.

Hong Kong

CHINA'S largest online wealth management platform, Shanghai Lujiazui International Financial Asset Exchange, or Lufax, is seeking a valuation of US$60 billion with its April initial public offering in Hong Kong, the South China Morning Post...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to