SUBSCRIBERS

China's P2P lender Lufax may tap 4 banks for HK IPO

Published Fri, Sep 23, 2016 · 09:50 PM

Hong Kong

LUFAX, China's biggest peer-to-peer (P2P) lending platform backed by Ping An Insurance, is in talks with four investment banks about taking leading roles in its planned Hong Kong IPO, people familiar with the matter said.

The initial public offering could raise US$5 billion, Thomson Reuters publication IFR reported previously.