Friday, April 16, 2021
Tags Lufax

Tag: Lufax

Fintech

China’s Financial Stability Report Flags Stricter Fintech Regulation, Ant Group Expected to Be Heavily Affected

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The People's Bank of China (PBOC) has signalled far stricter regulation of the Chinese fintech sector in its latest financial stability report,...
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Fintech

Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

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Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...
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Finance

Lufax’s NYSE Listing Could Be Biggest Chinese IPO in the US Since Alibaba’s Debut

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Escalating tensions between China and the US have failed to deter Shanghai-based fintech giant Lufax from pursuing a stateside initial public offering...
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Fintech

Lufax Grabs Fintech Innovation Award from Global Banking & Finance Review

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Chinese fintech giant Lufax (陆金所) has won an award for innovation from a leading British trade publication for the banking and finance...
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Fintech

Lufax CEO Greg Gibb Says China’s Fintech Companies Will Drop from Thousands to Several Hundreds

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The head of one of China's biggest fintech companies has outlined his expectations for the future of the Chinese sector at an...
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Banking

Lufax Pioneers Use of Blockchain for Tracking of Online Loan Transactions in China

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One of China's leading fintech companies is pioneering the use of blockchain technology in relation to online financial products.
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Banking

Only 6 Banking Sector P2P Platforms Left in China

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The number of bank-run P2P platforms operating in China despite the natural advantages that established lenders have brought to Fintech business. Securities Daily reports that...
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Most Read

Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

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The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

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The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March

Economy CBNEditor - 0
China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Banking CBNEditor - 0
Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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