Published 3 years ago

Chinese fintech giant Lufax seeks up to $2.36 billion in U.S. IPO

Summary by IBTimes

Chinese lending firm Lufax seeks as much as $2.36 billion from an initial public offering in the U.S. Recently, the Chinese firm, which is one of China’s largest online wealth management platforms, said it planned to list on the New York Stock Exchange under the ticker “LU,” CNBC reported.

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South China Morning Post

Pinduoduo’s new initiative seeks US$150 billion in sales for Chinese brands

Social e-commerce giant Pinduoduo has promised to help local manufacturers develop new home-grown brands, as China sharpens its focus on building up its domestic consumer market.

3 years ago·Hong Kong

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CNBC

Chinese fintech giant Lufax seeks up to $2.36 billion in U.S. IPO

Lufax said it will issue 175,000,000 American depositary shares (ADS) which will be priced between $11.50 and $13.50 per share

3 years ago·United States

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IBTimes

Financial Giant Lufax Eyes $2.36B In US IPO

3 years ago·United States

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Financial Post

China wealth manager platform Lufax aims to raise $2.36 bln in U.S. IPO

HONG KONG -- Lufax Holding Ltd, one of China's largest online wealth management platforms, aims to raise up to $2.36 billion in a U.S. initial public offering just days before the Nov. 3 election. Read More

3 years ago·Canada

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Bloomberg

China Fintech Firm Lufax Seeks Up to $2.36 Billion in U.S. IPO

Chinese financial technology giant Lufax Holding Ltd., backed by Ping An Insurance Group Co., is looking to raise as much as $2.36 billion in an initial public offering that would be one of the biggest by a Chinese company this year on a U.S. exchange.

3 years ago·United States

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