Ping An’s Goal to Pivot from Finance Group to Tech Giant Is Now Threatened November 23, 2020 By Bloomberg News The headwinds that toppled Ant Group Co.’s initial public offering now threaten a $22 billion dream of China’s Ping An...
China’s Ping An-Backed Lufax Files for $3 Billion U.S. IPO October 9, 2020 Lufax Holding Ltd., one of China’s largest online wealth management platforms, on Wednesday filed to list its shares in the...
Regulatory Issues Causing Ping An-Backed Lufax to Exit P2P Lending: Reuters July 19, 2019 By Engen Tham Lufax, one of China’s largest online wealth management platforms that is backed by financial giant Ping An Insurance, plans to...
Ping An Insurance-Backed Financial Tech Firm Lufax Raises $1.3 Billion December 3, 2018 By Kane Wu Ping An-backed Lufax has raised $1.33 billion in its latest funding round from a dozen investors, at a valuation below...