LU Stock Recent News

Lufax Holding proposed a dual primary listing on the Stock Exchange of Hong Kong. The listing should enhance liquidity and expand its investor base.

Lufax Holding Ltd (NYSE:LU ) Q4 2022 Results Conference Call March 12, 2023 9:00 PM ET Company Participants Xinyan Liu - Head, Board Office and Capital Markets Y.S. Cho - Chairman and CEO Greg Gibb - Co-CEO David Choy - CFO Conference Call Participants Yada Li - CICC Richard Xu - Morgan Stanley Alex Ye - UBS Emma Xu - Bank of America Operator Ladies and gentlemen, thank you for standing by, and welcome to the Lufax Holding Limited Fourth Quarter 2022 Earnings Call.

SHANGHAI , March 3, 2023 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading financial services enabler for small business owners in China, today announced that it plans to release its fourth quarter 2022 financial results at 4:30 P.M. on Sunday, March 12, 2023 U.S. Eastern Time.

Despite the solid performance of the top 10 fintech companies, Lufax underperformed its competitors in Q3 2022 with its revenues down 22.5%. We believe the company's revenue growth was impacted by Covid-19 lockdowns across China as well as new regulations related to online lending platform loan funding requirements.

It is anticipated that the major benchmark indexes will begin trading for the week on a little more optimistic tone, with both the Nasdaq and S&P500 charts up over the last five days.

COVID-19 cases in China are rising at an alarming rate.

Lufax Holding Ltd (NYSE:LU ) Q3 2022 Earnings Conference Call November 23, 2022 8:00 PM ET Company Participants Yong Suk Cho - Co-CEO & Chairman Gregory Gibb - Co-CEO & Director David Choy - Head, Board Office & Capital Markets Conference Call Participants Alex Ye - UBS Emma Shu - Bank of America Merrill Lynch Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the Lufax Holding Limited Third Quarter 2022 Earnings Call. [Operator Instructions].

Lufax Holding Ltd. Sponsored ADR (LU) delivered earnings and revenue surprises of -46.67% and 11.45%, respectively, for the quarter ended September 2022.

SHANGHAI , Nov. 18, 2022 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading technology-empowered personal financial services platform in China, today announced that it plans to release its third quarter 2022 financial results after the market closes on Wednesday, November 23, 2022 U.S. Eastern Time. The Company's management will hold an earnings conference call at 8:00 P.M.

Lufax is aligned with the new China 5-year plan strategy to grow GDP and the middle class. Lufax balance sheet and quality asset portfolio are able to withstand China's macro pressures and COVID lockdowns.