News for Lufax Holding Ltd (LU)

U.S. stocks were higher, with the Nasdaq Composite gaining around 300 points on Thursday. Shares of Texas Instruments Incorporated TXN rose sharply during Thur...

Insights on the Potential of Commercial Data: A Path to Enhanced Financing Efficiency and Financial Inclusion

PR NewswireSHENZHEN, China, March 18, 2025 SHENZHEN, China, March 18, 2025 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "

SHENZHEN, China, March 18, 2025 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ('OneConnect' or the 'Company') (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for the financial services industry in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024.

We recently published a list of Five Chinese Firms Dominate Friday’s Top 10 Gainers. In this article, we are going to take a look at where Lufax Holding Ltd.

Lufax's solid balance sheet and undervaluation suggest significant room for stock price improvement. Learn why LU stock is a Buy.

As of Dec. 10, 2024, three stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading d...

US stock futures declined on Tuesday as dollar rose to 106.357 level. Expectations of a December rate cut increased to 86.1%. Negative breadth in S&P 500 continued for sixth day.

PR NewswireSHANGHAI, Nov. 22, 2024 SHANGHAI, Nov. 22, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leadin

SHANGHAI, Nov. 22, 2024 /PRNewswire/ -- Lufax Holding Ltd ('Lufax' or the 'Company') (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced that (i) Mr. Gregory Dean Gibb has retired from his roles as an executive director and the co-chief executive officer of the Company to dedicate more time to his personal matters, (ii) Mr. Yuqiang Huang has tendered his resignation as a non-executive director of the Company due to changes in his personal work arrangements, and (iii) Mr. Xudong Zhang has tendered his resignation as an independent non-executive director of the Company due to changes in his personal work arrangements. These changes took effect from November 22, 2024. The Company extends its sincere appreciation to Mr. Gibb, Mr. Huang and Mr. Zhang for their significant contributions during their respective tenures.

OneConnect Announces Third Quarter and Nine Months Ended September 30, 2024 Unaudited Financial Results

Jefferies holds cautious stance on Lufax stock as consumer finance transition drives losses

Jefferies sees uncertain path to profitability for Lufax stock amid credit loss concerns

Total Income: Decreased by 31.1% to RMB5.5 billion from RMB8.1 billion.Total Expenses: Decreased by 19.2% to RMB6.3 billion from RMB7.7 billion.Operating Expen

Oct 22, 2024 / 01:00AM GMTOperator Ladies and gentlemen, thank you for standing by and welcome to the Lufax Holding third-quarter 2024 earnings call. (Operator

New York-based staffing services business Staffing 360 Solutions, Inc. (STAF) is up over 150 percent in Thursday's pre-market trading. The following are some of the other stocks making big moves in Thursday's pre-market trading.

Baron Emerging Markets Fund increased in the second quarter of 2024, although it underperformed its benchmark, the MSCI EM Index. Click here to read the full fund letter.

Baron New Asia Fund increased in the second quarter of 2024, outperforming its benchmark, the MSCI AC Asia EX Japan Index. Click here to read the full fund letter.

Key Takeaways: OneConnect will shutter its cloud services division, which accounted for nearly half its revenue, after losing most of its customers for the business The development underscores a major risk for Chinese companies that rely too heavily on business from their parent and other related companies By Doug Young