LU Lufax Holding Ltd

0.9814USD-2.83%Mkt Cap: 850.57M $P/E: —

Lufax Holding Ltd engages in the retail credit and enablement business to borrowers and institutions in the People's Republic of China. It offers loan products, including general unsecured loans and secured loans, as wel…

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Lufax (LU) Narrowed Its Loss 86%. Was the Improvement Mostly Tax-Driven?

Lufax Holding Ltd (NYSE:LU) narrowed its second-quarter net loss by 86.2% to RMB82 million from RMB594 million a year earlier. The headline improvement, however, came primarily from taxes. Pretax profit declined to RMB30 million from RMB266 million, while income-tax expense fell to RMB112 million from RMB861 million. Total income decreased 15.5% to RMB6.23 billion, and […]

Insider Monkey
Lufax H1 Earnings Call Highlights

Lufax (NYSE:LU) said its second-quarter results marked its return to a regular reporting schedule after the company completed re-audits of its 2022 and 2023 financial statements and audits for 2024 and 2025. Director and Chief Executive Officer Ji Xiang said the company has brought its periodic SEC

MarketBeat
Lufax Holding (LU) Is Down 6.3% After Cluster Of Senior Director Exits And Board Reshuffle

Lufax Holding Ltd. previously announced that, effective July 25, 2026, four directors, including its chief financial officer and an executive director, resigned citing personal work arrangements, while CEO Xiang Ji became the company’s authorised representative to the Hong Kong Stock Exchange. To reinforce governance and oversight after these departures, Lufax appointed veteran risk-management specialist Wai Kin Chim as an independent non-executive director and reshaped key board...

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