LU Stock Recent News

SHANGHAI , May 13, 2025 /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 it received a notice from the New York Stock Exchange (the "NYSE") that, as the Company has not timely filed its annual report on Form 20-F for the year ended December 31, 2024, the Company is not fully in compliance the NYSE's continued listing standards at this time. The Company will have until October 30, 2025 to file the annual report with the SEC and regain compliance with the NYSE's continued listing standards.

Lufax Holding has been affected by the selloff in stocks due to tariffs, but the cut in share prices could be an opportunity. The charts suggest the stock is due for a bounce after reaching what is likely to be support, which makes for a good entry point. Lufax Holding has a low valuation with a price-to-book in the teens, but the pessimism may not be totally warranted.

China's economic pivot away from the US dollar and towards the yuan positions, Lufax Holdings to benefit from increased international yuan trade and potential Chinese business dominance. Lufax Holdings is undervalued, trading at a 75% discount to equity, presenting a significant margin of safety for investors despite current financial losses. Despite risks like potential Western sanctions, current tariffs and currency volatility, Lufax Holdings is a buy due to its deep value and strategic positioning within China's economic plans.

Lufax Holding Ltd (NYSE:LU ) Q2 2024 Results Conference Call August 21, 2024 9:00 PM ET Company Participants Xinyan Liu - Head of Board Office and Capital Markets Yong Suk Cho - Co-CEO & Chairman of the Board Peiqing Zhu - Chief Financial Officer Conference Call Participants Emma Xu - Bank of America Securities Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the Lufax Holding Second Quarter 2024 Earnings Call. [Operator Instructions] Please note, this event is being recorded.

Lufax Holding (NYSE: LU ) just reported results for the second quarter of 2024. Lufax Holding reported earnings per share of -19 cents.

SHANGHAI , Aug. 16, 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 it plans to release its second quarter 2024 financial results after the market closes on Wednesday, August 21, 2024, U.S. Eastern Time. The Company's management will hold an earnings conference call at 9:00 P.M.

According to a February 2, 2024 article in The Washington Post, grocery prices have jumped 25% since Joe Biden took office. This outpaced overall inflation, which was 19% in the same time period. The price of beef and baby food soared the most, followed by sugar and citrus fruits.

Lufax Holding Ltd (LU) Q4 2023 Earnings Call Transcript

Lufax (NYSE: LU ) stock is on the rise Thursday following the release of the Chinese personal financial services company's Q4 2023 earnings report. That earnings report starts with a loss of 1.48 yuan per American Depository Shares ( ADS ).

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