SUBSCRIBERS
China's Lufax seeking US$60b valuation in Hong Kong IPO
Published Mon, Jan 15, 2018 · 09:50 PM
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 reported on Monday.
Shanghai-based Lufax, which was set up by Ping An Insurance Group in 2011, aims to file a listing application at the end of January, the newspaper said, citin…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
China’s Noah to hire 50 to 100 wealth managers in Hong Kong, Singapore
Australian inflation boosts case for higher-for-longer rates
Gold edges down as Middle East worries ebb
Tesla could start selling Optimus robots by the end of next year, Musk says
Singapore stocks climb at Wednesday’s open; STI up 0.4%
China knockoff raid jolts a global throng of fake-fashion influencers