LUFAX(US:LU) 智通财经网·2026-01-28 10:56Core Viewpoint - The stock price of Lufax Holding (LU.US) rose significantly due to the completion of an internal investigation regarding certain wealth management product redemption issues, which has eliminated long-standing uncertainties and restored investor confidence [1][2]. Group 1: Company Announcements - Lufax announced the conclusion of an internal investigation confirming that all disputed wealth management products were redeemed as per contractual agreements, with no misappropriation of funds found [1][2]. - The company has implemented systemic rectification measures and compliance arrangements, which include the resignation of key personnel involved in the identified management lapses [2]. - A comprehensive upgrade of the internal control system is underway, incorporating AI-driven real-time transaction monitoring and independent customer fund audit channels [2]. Group 2: Financial Performance - The company reported a total loan balance of 183.8 billion yuan, a year-on-year decrease of 15.2%, while consumer finance loan balance increased by 19.0% to 59.6 billion yuan, now accounting for 32.4% of the total [3]. - Lufax has completed a 100% transition to a guaranteed business model, focusing on licensed operations and scenario finance, with new loans of 69.4 billion yuan in Q4 2024, a year-on-year increase of 47.6% [3]. - The current price-to-book ratio (PB) of Lufax is only 0.19, significantly lower than the global fintech industry average, indicating that the valuation has already reflected the impacts of previous risk events [3].