China’s Lufax seeks $60 billion valuation with April Hong Kong IPO: SCMP

China’s largest online wealth management platform, Shanghai Lujiazui International Financial Asset Exchange, or Lufax, is seeking a valuation of $60 billion with its April initial public offering in Hong Kong, the South China Morning Post reported on Monday. Shanghai-based Lufax, which was set up by Ping An Insurance Group (601318.SS) (2318.HK) in 2011, aims to file a … http://reut.rs/2EAhcFl

Leave a comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.