China’s Lufax Files For $3 Billion U.S. IPO

Date: 08-10-2020 12:04 pm (3 years ago) | Author: Okafornta hillary
- at 8-10-2020 12:04 PM (3 years ago)
(m)
Lufax Holding Ltd, one of China’s largest online wealth management platforms, on Wednesday filed to list its shares in the United States, the latest company looking to take advantage of a rebound in capital markets.

Lufax, backed by financial giant Ping An Insurance Group 2318.HK601318.SS, aims to raise about $3 billion in its initial public offering (IPO), which could take place as soon as the end of October, said three people with direct knowledge of the matter...... read more https://80naija.com/chinas-lufax-files-for-3-billion-u-s-ipo/

Posted: at 8-10-2020 12:04 PM (3 years ago) | Upcoming
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