Lufax Holding Ltd-ADR LU

Lufax Holding Ltd is a leading personal financial services platform in China, offering a range of services including wealth management and retail credit facilitation. The company was established in 2014, and has its headquarters in Shanghai, China. The firm is an associate company of Ping An Insurance (Group) Company of China, Ltd.

As of September 2021, the firm had a total of around 48.7 million registered users and was engaged in the offering of various financial products and services to 15.3 million active investors. The firm also offers end-to-end lending services, from offline consultation to online application, serving a variety of borrowers including small business owners and individuals.

In 2020 the company won the Diamond Award for AI, the Platinum Award for Blockchain-based Transformation, and the Platinum Award for Cybersecurity from the Institute of Financial Technologists of Asia (IFTA). In 2020 the company also made the top 20 on the BrandZ ‘Top 100 Most Valuable Chinese Brands’ list and won the 21st Century Business Herald Golden Shell Award as an Outstanding Technology and Financial Services Platform. The firm is listed on the NYSE under the ticker LU.

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