| Lufax Receives NYSE Notice Regarding Late Filing of Annual Report on Form 20-F |
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. |
prnewswire.com |
2025-05-13 13:09:00 |
Czytaj oryginał (ang.) |
| Lufax Holding: A Bounce In The Stock Could Be Near |
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. |
seekingalpha.com |
2025-04-25 15:31:13 |
Czytaj oryginał (ang.) |
| Lufax Holding: Well Poised For A New Economic Era Proposed By China |
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. |
seekingalpha.com |
2025-04-25 03:07:58 |
Czytaj oryginał (ang.) |
| Lufax: Stimulus In China, Quarterly Improvements, And Dirt Cheap |
Lufax is well-positioned to benefit from China's recent stimulus policies, with significant business connections and expertise in offering business loans. The company's recent quarterly report shows improved delinquency rates, a substantial increase in new loans, and a 24.1% rise in cumulative borrowers. Despite a decrease in net income, LU's solid balance sheet and undervaluation suggest significant room for stock price improvement, with a target price of $12 per ADS. |
seekingalpha.com |
2024-12-24 07:28:09 |
Czytaj oryginał (ang.) |
| Lufax Holding Ltd (LU) Q3 2024 Earnings Call Transcript |
Lufax Holding Ltd (NYSE:LU ) Q3 2024 Results Conference Call October 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 Betty Li - CLSA Judy Zhang - Citi Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the Lufax Holding Third Quarter 2024 Earnings Call. [Operator Instructions] After the management's prepared remarks, we will have a Q&A session. |
seekingalpha.com |
2024-10-22 17:40:10 |
Czytaj oryginał (ang.) |
| Mixed Performance for Chinese Stocks with HXC Index Down 2.37% |
Major Chinese stocks listed in the U.S. showed mixed results in recent trading, with the Nasdaq Golden Dragon China Index (HXC) closing down 2.37%. Notable gainers included Taiwan Semiconductor Manufacturing Company (TSM), which rose 2.09%, and Futu Holdings (FUTU, Financial), which saw an impressive increase of 8.81%. |
gurufocus.com |
2024-10-03 20:50:42 |
Czytaj oryginał (ang.) |
| Lufax: Look Past Q2 Performance And Focus On Strategic Pivot |
Lufax's Q2 net loss and interim dividend omission were disappointing, but LU is expected to resume dividend payouts and deliver positive earnings in fiscal 2025. LU's strategic pivot towards the 100% guarantee business model and consumer finance loans have yielded decent results, considering the take rate improvement and consumer finance loans' strong growth. My Buy rating for Lufax remains intact, taking into account the potential turnaround next year and the significant progress made with its strategic pivot. |
seekingalpha.com |
2024-09-10 10:29:57 |
Czytaj oryginał (ang.) |
| Lufax Holding Ltd (LU) Q2 2024 Earnings Call Transcript |
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. |
seekingalpha.com |
2024-08-22 16:54:04 |
Czytaj oryginał (ang.) |
| LU Stock Earnings: Lufax Holding Reported Results for Q2 2024 |
Lufax Holding (NYSE: LU ) just reported results for the second quarter of 2024. Lufax Holding reported earnings per share of -19 cents. |
investorplace.com |
2024-08-22 02:52:40 |
Czytaj oryginał (ang.) |
| Lufax Reports Second Quarter 2024 Financial Results |
SHANGHAI , Aug. 21, 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 its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 & First Half 2024 Financial Highlights Total income was RMB5,976 million (US$822 million) in the second quarter of 2024, compared to RMB9,270 million in the same period of 2023. |
prnewswire.com |
2024-08-21 22:00:00 |
Czytaj oryginał (ang.) |
| Lufax to Announce Second Quarter 2024 Financial Results on August 21, 2024 |
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. |
prnewswire.com |
2024-08-16 11:00:00 |
Czytaj oryginał (ang.) |
| China's So Cheap, We're Seeing 50% Yield Special Dividends! |
Two Chinese companies, Lufax Holdings and DouYu, recently announced special dividends that yielded 50% for shareholders who held immediately after the payouts were announced. The Lufax special dividend has already been paid. The DouYu special hasn't been paid and is not ex-dividend yet. Although the stock has responded to the dividend announcement, the forward yield is still over 50%. |
seekingalpha.com |
2024-07-06 11:20:51 |
Czytaj oryginał (ang.) |
| Lufax Announces Annual General Meeting on May 30, 2024 and Filing of Its Annual Report on Form 20-F |
SHANGHAI , April 23, 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 will hold an annual general meeting of the Company's shareholders (the "AGM") at 10:00 a.m. Hong Kong time on May 30, 2024 at Room 3601, No. |
prnewswire.com |
2024-04-23 13:05:00 |
Czytaj oryginał (ang.) |
| Lufax Holding Ltd (LU) Q1 2024 Earnings Call Transcript |
Lufax Holding Ltd (NYSE:LU ) Q1 2024 Earnings Conference Call April 22, 2024 9:00 PM ET Company Participants Xinyan Liu - Head of Board Office and Capital Markets Yong Cho - Co-CEO & Chairman of the Board Gregory Gibb - Co-CEO & Director David Choy - Chief Financial Officer Conference Call Participants Emma Xu - Bank of America Securities Chiyao Huang - Morgan Stanley Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to Lufax Holding Limited First Quarter 2024 Earnings Call. [Operator Instructions] After the management's prepared remarks, we will have a Q&A session. |
seekingalpha.com |
2024-04-23 11:33:02 |
Czytaj oryginał (ang.) |
| Lufax Reports First Quarter 2024 Financial Results |
SHANGHAI , April 22, 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 its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Total income was RMB6,964 million (US$964 million) in the first quarter of 2024, compared to RMB10,078 million in the same period of 2023. |
prnewswire.com |
2024-04-22 21:30:00 |
Czytaj oryginał (ang.) |
| Lufax to Announce First Quarter 2024 Financial Results on April 22, 2024 |
SHANGHAI , April 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 first quarter 2024 financial results after the market closes on Monday, April 22, 2024 U.S. Eastern Time. The Company's management will hold an earnings conference call at 9:00 P.M. |
prnewswire.com |
2024-04-16 11:00:00 |
Czytaj oryginał (ang.) |
| Want $12,500 In Passive Income, Invest $20,000 In These 5 Dividend Stocks |
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. |
247wallst.com |
2024-04-01 15:30:56 |
Czytaj oryginał (ang.) |
| Lufax Holding Ltd (LU) Q4 2023 Earnings Call Transcript |
Lufax Holding Ltd (LU) Q4 2023 Earnings Call Transcript |
seekingalpha.com |
2024-03-22 12:28:03 |
Czytaj oryginał (ang.) |
| Why Is Lufax (LU) Stock Up 46% Today? |
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 ). |
investorplace.com |
2024-03-21 10:18:48 |
Czytaj oryginał (ang.) |
| Lufax Reports Fourth Quarter and Full Year 2023 Financial Results |
SHANGHAI , March 21, 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 its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Total income was RMB6,857 million (US$966 million) in the fourth quarter of 2023, compared to RMB12,318 million in the same period of 2022. |
prnewswire.com |
2024-03-21 06:30:00 |
Czytaj oryginał (ang.) |
| Hidden Penny Gems: 7 Stocks With Triple-Digit Growth Prospects |
Each of these hidden penny stock gems have the potential to provide triple digit growth to investors. Investors are forever on the lookout for Investments that can turn $1 into $2 or more. |
investorplace.com |
2024-03-01 10:29:19 |
Czytaj oryginał (ang.) |
| 5 Chinese Stocks That Trade In The U.S. Pay Gigantic Dividends |
Paying an insane 26.33% dividend is a stock trader's dream.COSCO Shipping Holdings Co. |
24/7 Wall Street |
2024-02-18 12:10:19 |
Czytaj oryginał (ang.) |
| Lufax: Lower Funding Cost To Drive Loan Growth |
The stock has been under pressure in recent times due to macro weakness in China. Despite risks, I consider Lufax's current price attractive. I rate the stock a buy with a 1-year target price upside potential of 60%. PAOB integration should help Lufax access lower funding costs to drive top-line growth and margin expansion. |
seekingalpha.com |
2024-01-29 19:58:37 |
Czytaj oryginał (ang.) |