06623.HK

Lufax Holding Ltd (NYSE:LU) is a Chinese financial technology company that operates a technology-empowered personal financial services platform. Founded in 2005 and headquartered in Shanghai, the company went public on the New York Stock Exchange in October 2020. Lufax is majority-owned by Ping An Group, one of China's largest financial conglomerates, which holds approximately 56.8% of the company. The company has undergone significant strategic transformation in recent years, shifting from a peer-to-peer lending model to a more traditional credit facilitation and consumer finance business while navigating challenging macroeconomic conditions in China.