LUFAX(LU)

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Why Is Lufax (LU) Stock Up 46% Today?
InvestorPlace· 2024-03-21 12:18
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). Investors will note that each ADS represents two of the company’s common shares. Wall Street was expecting the company to report losses per share of .13 cents for the period. Also worth mentioning is the company’s losses per share of 1.42 yuan in Q4 2022.Gregory Gibb, co-CEO ...
LUFAX(LU) - 2024 Q1 - Quarterly Report
2024-03-21 10:30
Exhibit 99.1 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 6623) (NYSE Stock Ticker: LU) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. ANNUAL RESULTS ANNOUNCEMENT ...
Lufax Reports Fourth Quarter and Full Year 2023 Financial Results
Prnewswire· 2024-03-21 08:30
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. Net loss was RMB832 million (US$11 ...
Lufax: Lower Funding Cost To Drive Loan Growth
Seeking Alpha· 2024-01-29 22:58
zhuyufang Lufax Holding Ltd (NYSE:LU) is a leading Chinese financial services provider focusing on providing small business owners with access to multiple loan products. They provide various financial products under different entities. For instance, Puhui is Lufax's core brand for enabling retail credit, primarily focusing on unsecured and secured loans for small businesses. LujinTong, on the other hand, is a referral service for connecting borrowers with banks. The fastest-growing business for Lufax most r ...
LUFAX(LU) - 2023 Q4 - Annual Report
2023-11-14 11:12
Exhibit 99.1 Lufax Reports Third Quarter 2023 Financial Results SHANGHAI, November 13, 2023 — 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 third quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights | (In millions except percentages, unaudited) | | Three Months Ended September 30, | | | | --- | --- | --- | --- | --- | | | 2022 | 2023 ...
LUFAX(LU) - 2023 Q3 - Earnings Call Transcript
2023-11-14 05:30
Lufax Holding Ltd (NYSE:LU) Q3 2023 Earnings Conference Call November 13, 2023 8:00 PM ET Company Participants Liu Xinyan - Head of Board Office and Capital Markets Y. S. Cho - Co-CEO and Chairman Gregory Gibb - Co-CEO David Choy - CFO Conference Call Participants Emma Chu - Bank of America Alex Ye - UBS Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the Lufax Holding Limited Third Quarter 2023 Earnings Call. [Operator Instructions] Please note this event is being re ...
LUFAX(LU) - 2023 Q2 - Earnings Call Transcript
2023-08-22 18:03
Lufax Holding Ltd (NYSE:LU) Q2 2023 Results Conference Call August 21, 2023 9:00 PM ET Company Participants Liu Xinyan - Head of Board Office and Capital Markets Y. S. Cho - Co-CEO and Chairman of the Board Gregory Gibb - Co-CEO and Director Siu Choy - Chief Financial Officer Conference Call Participants Alex Ye - UBS Emma Chu - Bank of America Chiyao Huang - Morgan Stanley Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the Lufax Holding Limited Second Quarter 2023 E ...
LUFAX(LU) - 2023 Q3 - Quarterly Report
2023-08-22 10:27
Exhibit 99.1 陆金所控股 x Holding Ltd 金所控股有限公司 (A company incorporated in the Cayman Islands with limited liability) Stock Code: 6623 NYSE Stock Ticker: LU 2023 interim report CONTENTS 2 Company Information 4 Management Discussion and Analysis 14 Corporate Governance and Other Information 23 Report on Review of Interim Financial Information 25 Interim Condensed Consolidated Statement of Comprehensive Income 27 Interim Condensed Consolidated Statement of Financial Position 29 Interim Condensed Consolidated Statem ...
LUFAX(LU) - 2023 Q2 - Quarterly Report
2023-05-23 10:06
Lufax Reports Second Quarter 2023 Financial Results SHANGHAI, Aug. 21, 2023 /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, 2023. Second Quarter 2023 & First Half 2023 Financial Highlights • Total income was RMB9,270 million (US$1,278 million) in the second quarter of 2023, compared to RMB15,288 million in the sa ...
LUFAX(LU) - 2023 Q1 - Earnings Call Transcript
2023-05-23 05:53
Lufax Holding Ltd (NYSE:LU) Q1 2023 Earnings Conference Call May 22, 2023 9:00 PM ET Company Participants Liu Xinyan - Head, Board Office and Capital Markets Y.S. Cho - Co-CEO & Chairman David Choy - CFO Gregory Gibb - Co-CEO & Director Conference Call Participants Alex Ye - UBS Emma Xu - Bank of America Merrill Lynch Richard Xu - Morgan Stanley Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to Lufax Holding Limited First Quarter 2023 earnings call. [Operator Instructio ...