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Chinese Fintech Lufax Eyes $60bn April IPO in Hong Kong
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Chinese Fintech Lufax Eyes $60bn April IPO in Hong Kong

Chinese Fintech Lufax Eyes $60bn April IPO in Hong Kong

Todd Anderson·
FintechNews Roundup
·Jan. 16, 2018·1 min read

One of China’s leading online wealth management companies Lufax is looking to go public in Hong Kong at a $60bn valuation; the South China Morning Post reports the company intends to file their application by the end of January; Lufax was last valued at $18bn in 2016, they have more than 33 million users and over $75bn in assets under management. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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Fintech IPOsLufaxwealth management
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