Market Cap 1.05B
Revenue (ttm) 3.77B
Net Income (ttm) -291.79M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE N/A
Profit Margin -7.73%
Debt to Equity Ratio 0.80
Volume 398,500
Avg Vol 743,056
Day's Range N/A - N/A
Shares Out 866.69M
Stochastic %K 16%
Beta 0.76
Analysts Hold
Price Target $2.27

Company Profile

Lufax Holding Ltd engages in the retail credit and enablement business to borrowers and institutions in the People's Republic of China. It offers loan products, including general unsecured loans and secured loans, as well as consumer finance loans. The company also provides wealth management products, such as asset management plans, bank products, mutual fund products, private investment fund products, trust plans, and others. In addition, it offers technology advisory, internet platform, bankin...

Industry: Credit Services
Sector: Financial Services
Phone: 86 21 3863 6278
Address:
No. 1333, Lujiazui Ring Road, 18th Floor Pudong New District, Shanghai, China
JohnTill
JohnTill Sep. 13 at 6:29 PM
$LU $LX $QFIN $FINV Recap time on all the moving parts... Juzi was a major fraud but reviews this past few weeks have not uncovered another Juzi. Banks initially panicked and dramatically reduced platform funding to loan facilitators. Regulators freaked that the reaction could create systemic problems and have told banks not to overreact. Funding has started to return to the stronger players. Weak/unlicensed/high-cost platforms are closing fast. New rules are being proposed to limit banks to just 10 third-party loan-assistance platforms. That is huge news and would further kill any smaller and underfunded players. Biggest risk now is how many people borrowed from several platforms and when one suddenly goes under the person can't refinance payments owed to other platforms. This will show in the in July–September numbers. LU appears the best positioned IMHO, while the classic facilitators remain much more exposed to external funding decisions. I would put QFIN a solid second.
1 · Reply
vzkjlasd
vzkjlasd Sep. 12 at 5:30 PM
$LU Doing my part. Let's see.
2 · Reply
XI_JINPING_BOUGHT_BABA
XI_JINPING_BOUGHT_BABA Sep. 11 at 3:42 PM
$LX $QFIN $LU $XYF $YRD This is so interesting to watch play out. I’m so impatient to know the ending. Is china actually in a recession and we see major defaults? Will they start doing buybacks? Is there fraud we don’t know about?
1 · Reply
JohnTill
JohnTill Sep. 11 at 3:00 PM
$LX It appears selling at $0.91 for some profit and favoring $LU at $1.21 was the right move, at least for now. I have been following the Juzi story very closely. The good news is that there have now been major audits across the lending platforms over the past few weeks, and so far this appears to be an isolated incident rather than a widespread industry problem. Chinese regulators have now told banks not to pull back as aggressively, as they did not want the consumer lending industry to grind to a halt. Many small/mid-sized players have shut down but conditions seem to be very slowly moving back in the right direction for the major facilitators remaining. I am betting LU picked up some business as they were one of the only ones not cut off. With the crackdown on outside lending agencies and long-tail lenders exiting the market, the big remaining question is the extent of defaults from consumers who can no longer roll over their loans after being cut off. Will revisit LX in the 0.70s.
0 · Reply
Royalorange
Royalorange Sep. 11 at 11:11 AM
$LU $QFIN $FINV "loan assistance companies are finding it difficult to offset the impact of declining pricing through scale expansion. In addition, compliance, technology, and risk control-related investments remain rigid, and existing high-yield assets are gradually maturing and being replaced by low-yield new businesses, resulting in a simultaneous decline in revenue and profit." With the domestic loan facilitation business shrinking, various platforms are looking overseas for growth opportunities [...] He added that it generally takes three years to break even in a new market, so even from a financial perspective, the pace of expansion must be controlled. However, it is certain that overseas market expansion is the company's development direction. $LX Lexin is vigorously developing non-matching businesses such as e-commerce to cope with industry adjustments. https://finance.sina.com.cn/jjxw/2026-09-09/doc-inirfcpw5736484.shtml
0 · Reply
JohnTill
JohnTill Sep. 11 at 5:10 AM
$LU https://www.glinsight.com/china-digital-lending-lost-half-to-collections/ ……… ”Lufax is the contrast. It reported a week before the others and did not mention the event in its release. It bears credit risk on 93.2% of its balance, funds its consumer-finance subsidiary in the interbank market at a cost of 3.8% by balance, and grew new loans 4.6% in the quarter. A licensed lender with its own funding does not get cut off when a facilitator in Liaoning is arrested. What partner banks should ask now The consolidation that regulators wanted is arriving faster than the rate caps could deliver it. FinVolution’s CFO told analysts that “most of the small- and middle-sized platforms have either exited or pulled back sharply on lending.” The survivors are the platforms that sit on major banks’ lists and can absorb 30 basis points of funding-cost increase, which means Ant, WeBank, Douyin, Lufax and a handful of listed names. Everyone else is a funding line away from Juzi.”
2 · Reply
Luc7777
Luc7777 Sep. 11 at 3:50 AM
$LU In my humble opinion, the SEC completely ignores such letters; the fact that you hold a specific number means nothing—it is just a statistic, like taking a ticket at the post office, the tax office, or anywhere else that uses a queueing and registration system. People have repeatedly sent similar petitions—perhaps less professionally or coherently written—regarding the blatant malfeasance of hundreds or even thousands of obviously fraudulent companies (mainly from China, though not exclusively), yet the outcome was always the same old scam. So, in my view, the SEC is simply an accomplice, and everything—literally everything—lies in the hands of the guys at Ping An, meaning in the hands of the Central Committee of the Chinese Communist Party.
2 · Reply
i_jw
i_jw Sep. 11 at 1:24 AM
$LU Well it looks like the Yemen situation wll have a tail. So FML for going so heavy on Chinese stocks
1 · Reply
lightbutterfly
lightbutterfly Sep. 10 at 6:26 PM
$LU well you can thank me for this one but i still don`t get exactly where they are going with this . !!?? they went from , don`t look , we might steal from you to. we are going to steal from you we need to kill it regardless , even though the valuer and independent committee are maintaining discussions with management did not hint to a dividend in next 12 months , the fact is that is only to cover themselves and if company do swing to profits thanks to provisions reversals which is a certainty given the large impairment they took early in summer , well a dividend would not contradict valuer assessment at that moment also note that by unbundling and seeking a Specific Mandate rather than drawing from a standard General Mandate, the board is structurally separating this transaction from standard corporate limits. Under exchange listing rules, a General Mandate restricts an issuer from printing more than 20% of its capital registry without re-voting so if this one might be worse
2 · Reply
lightbutterfly
lightbutterfly Sep. 10 at 5:05 PM
$LU For the purpose of this analysis, with reference to the price of ADS as quoted on the NYSE and the ADS Ratio that one ADS representing two Shares, the Adjusted Conversion Price of US$2.32 per Conversion Share represents a premium of approximately 220.0% over the closing price of US$1.45 per ADS (equivalent to approximately US$0.73 per Share) as quoted on the NYSE on the Last Trading Day, and a premium of approximately 215.6% over the average closing price of US$1.47 per ADS (equivalent to approximately US$0.74 per Share) as quoted on the NYSE for the last five consecutive trading days up to and including the Last Trading Day. Bi... tch I don`t care , i want to kill it regardless !!! Pay us book value and we will shut up , otherwise be prepared to deal with 2 legally structured letters per week to SFC/HKEX . they are treading very carefully in a way not seen in a while and most importantly no lower conversion price is possible given that they clearly specified discussion with managemet
0 · Reply
Latest News on LU
Lufax Announces Extraordinary General Meeting on October 8, 2026

Thu, 10 Sep 2026 07:00:00 -0400 - 3 days ago

Lufax Announces Extraordinary General Meeting on October 8, 2026


Lufax resumed with a Hold at Deutsche Bank

2026-08-27T09:00:10.000Z - 17 days ago

Lufax resumed with a Hold at Deutsche Bank


Lufax H1 Earnings Call Highlights

Wed, 19 Aug 2026 07:04:19 -0400 - 25 days ago

Lufax H1 Earnings Call Highlights


Lufax Holding Earnings Call Transcript: H1 2026

Aug 18, 2026, 9:00 PM EDT - 25 days ago

Lufax Holding Earnings Call Transcript: H1 2026


Lufax Holding Earnings release: H1 2026

Aug 18, 2026, 9:00 PM EDT - 25 days ago

Lufax Holding Earnings release: H1 2026


Lufax Reports Second Quarter 2026 Financial Results

Tue, 18 Aug 2026 18:00:00 -0400 - 26 days ago

Lufax Reports Second Quarter 2026 Financial Results


Lufax up 3% to $1.50 after JPMorgan upgrades to Overweight

2026-07-27T20:16:43.000Z - 6 weeks ago

Lufax up 3% to $1.50 after JPMorgan upgrades to Overweight


Lufax upgraded to Overweight from Neutral at JPMorgan

2026-07-27T20:11:52.000Z - 6 weeks ago

Lufax upgraded to Overweight from Neutral at JPMorgan


Lufax Announces Board and Management Changes

Fri, 24 Jul 2026 07:30:00 -0400 - 7 weeks ago

Lufax Announces Board and Management Changes


Lufax Announces Results of Annual General Meeting

Tue, 30 Jun 2026 07:00:00 -0400 - 2 months ago

Lufax Announces Results of Annual General Meeting


Lufax Regains Compliance with NYSE Continued Listing Standard

May 6, 2026, 7:50 PM EDT - 4 months ago

Lufax Regains Compliance with NYSE Continued Listing Standard


Lufax Announces Filing of Its Annual Report on Form 20-F

Apr 30, 2026, 8:00 AM EDT - 4 months ago

Lufax Announces Filing of Its Annual Report on Form 20-F


Lufax Holding Annual report: Q4 2025

Apr 30, 2026, 8:00 AM EDT - 4 months ago

Lufax Holding Annual report: Q4 2025


Lufax Holding Annual report: Q4 2025

Apr 30, 2026, 8:00 AM EDT - 4 months ago

Lufax Holding Annual report: Q4 2025


Lufax appoints Xiaodi Wang as Chief Compliance Officer

2026-04-27T12:09:11.000Z - 4 months ago

Lufax appoints Xiaodi Wang as Chief Compliance Officer


Lufax Announces Annual General Meeting on June 30, 2026

Apr 27, 2026, 8:00 AM EDT - 4 months ago

Lufax Announces Annual General Meeting on June 30, 2026


Lufax Announces New Chief Compliance Officer Hire

Apr 27, 2026, 8:00 AM EDT - 4 months ago

Lufax Announces New Chief Compliance Officer Hire


Lufax assumed with Neutral from Underweight at JPMorgan

2026-04-17T10:50:53.000Z - 4 months ago

Lufax assumed with Neutral from Underweight at JPMorgan


Lufax Announces Changes in Board and Committee Composition

Apr 13, 2026, 8:00 AM EDT - 5 months ago

Lufax Announces Changes in Board and Committee Composition


Law Offices of Howard G. Smith Encourages Lufax Holding Ltd.

Mar 27, 2026, 3:15 PM EDT - 5 months ago

Law Offices of Howard G. Smith Encourages Lufax Holding Ltd.


Lufax Announces the Resignation of Its General Manager

Mar 27, 2026, 7:00 AM EDT - 5 months ago

Lufax Announces the Resignation of Its General Manager


Lufax Announces Changes of Directors and Senior Management

Feb 17, 2026, 7:20 AM EST - 6 months ago

Lufax Announces Changes of Directors and Senior Management


Lufax Announces Results of Extraordinary General Meeting

Dec 29, 2025, 6:00 AM EST - 8 months ago

Lufax Announces Results of Extraordinary General Meeting


Lufax appoints Xiang Ji as Co-CEO

2025-10-31T11:15:21.000Z - 10 months ago

Lufax appoints Xiang Ji as Co-CEO


Lufax Announces New Senior Management Hire

Oct 31, 2025, 7:11 AM EDT - 10 months ago

Lufax Announces New Senior Management Hire


Lufax Announces Extraordinary General Meeting on December 29, 2025

Oct 31, 2025, 7:00 AM EDT - 10 months ago

Lufax Announces Extraordinary General Meeting on December 29, 2025


Lufax Announces Change in Chief Risk Officer

Oct 24, 2025, 7:00 AM EDT - 10 months ago

Lufax Announces Change in Chief Risk Officer


Lufax falls -6.9%

2025-10-03T16:00:19.000Z - 11 months ago

Lufax falls -6.9%


Lufax falls -7.3%

2025-10-03T14:00:18.000Z - 11 months ago

Lufax falls -7.3%


Lufax announces results of Extraordinary General Meeting

2025-09-30T10:35:14.000Z - 11 months ago

Lufax announces results of Extraordinary General Meeting


Lufax receives NYSE late filing notice

2025-05-13T13:22:02.000Z - 1 year ago

Lufax receives NYSE late filing notice


Lufax downgraded to Sell from Hold at Deutsche Bank

2025-04-29T09:21:29.000Z - 1 year ago

Lufax downgraded to Sell from Hold at Deutsche Bank


Lufax rises 17.4%

2024-12-09T15:05:57.000Z - 1 year ago

Lufax rises 17.4%


Lufax co-chief executive officer Gregory Dean Gibb retires

2024-11-22T10:30:08.000Z - 1 year ago

Lufax co-chief executive officer Gregory Dean Gibb retires


Changes in Board and Committee Composition

Nov 22, 2024, 4:00 AM EST - 1 year ago

Changes in Board and Committee Composition


Lufax reinstated with a Hold at Jefferies

2024-10-24T09:15:32.000Z - 1 year ago

Lufax reinstated with a Hold at Jefferies


Lufax Holding Earnings Call Transcript: Q3 2024

Oct 21, 2024, 9:00 PM EDT - 1 year ago

Lufax Holding Earnings Call Transcript: Q3 2024


Lufax Holding Earnings release: Q3 2024

Oct 21, 2024, 9:00 PM EDT - 1 year ago

Lufax Holding Earnings release: Q3 2024


Lufax reports Q3 EPS (16c), consensus (1c)

2024-10-21T09:10:35.000Z - 1 year ago

Lufax reports Q3 EPS (16c), consensus (1c)


Lufax Reports Third Quarter 2024 Financial Results

Oct 21, 2024, 4:35 AM EDT - 1 year ago

Lufax Reports Third Quarter 2024 Financial Results


Lufax Holding Earnings Call Transcript: Q2 2024

Aug 21, 2024, 9:00 PM EDT - 2 years ago

Lufax Holding Earnings Call Transcript: Q2 2024


Lufax Holding Earnings release: Q2 2024

Aug 21, 2024, 9:00 PM EDT - 2 years ago

Lufax Holding Earnings release: Q2 2024


Lufax Reports Second Quarter 2024 Financial Results

Aug 21, 2024, 6:00 PM EDT - 2 years ago

Lufax Reports Second Quarter 2024 Financial Results


Lufax Holding Earnings Call Transcript: Q1 2024

Apr 22, 2024, 9:00 PM EDT - 2 years ago

Lufax Holding Earnings Call Transcript: Q1 2024


Lufax Holding Earnings release: Q1 2024

Apr 22, 2024, 9:00 PM EDT - 2 years ago

Lufax Holding Earnings release: Q1 2024


Lufax Reports First Quarter 2024 Financial Results

Apr 22, 2024, 5:30 PM EDT - 2 years ago

Lufax Reports First Quarter 2024 Financial Results


FinTech IPO Index Soars 5.2% as Lufax Is Up 73% Post-Earnings

Mar 22, 2024, 4:00 AM EDT - 2 years ago

FinTech IPO Index Soars 5.2% as Lufax Is Up 73% Post-Earnings


Lufax Holding Earnings Call Transcript: Q4 2023

Mar 21, 2024, 9:00 PM EDT - 2 years ago

Lufax Holding Earnings Call Transcript: Q4 2023


Lufax Holding Annual report: Q4 2023

Mar 21, 2024, 9:00 PM EDT - 2 years ago

Lufax Holding Annual report: Q4 2023


Lufax Holding Earnings release: Q4 2023

Mar 21, 2024, 9:00 PM EDT - 2 years ago

Lufax Holding Earnings release: Q4 2023


Lufax Holding Ltd Announces Plan to Implement ADS Ratio Change

Nov 20, 2023, 4:30 PM EST - 2 years ago

Lufax Holding Ltd Announces Plan to Implement ADS Ratio Change


JohnTill
JohnTill Sep. 13 at 6:29 PM
$LU $LX $QFIN $FINV Recap time on all the moving parts... Juzi was a major fraud but reviews this past few weeks have not uncovered another Juzi. Banks initially panicked and dramatically reduced platform funding to loan facilitators. Regulators freaked that the reaction could create systemic problems and have told banks not to overreact. Funding has started to return to the stronger players. Weak/unlicensed/high-cost platforms are closing fast. New rules are being proposed to limit banks to just 10 third-party loan-assistance platforms. That is huge news and would further kill any smaller and underfunded players. Biggest risk now is how many people borrowed from several platforms and when one suddenly goes under the person can't refinance payments owed to other platforms. This will show in the in July–September numbers. LU appears the best positioned IMHO, while the classic facilitators remain much more exposed to external funding decisions. I would put QFIN a solid second.
1 · Reply
vzkjlasd
vzkjlasd Sep. 12 at 5:30 PM
$LU Doing my part. Let's see.
2 · Reply
XI_JINPING_BOUGHT_BABA
XI_JINPING_BOUGHT_BABA Sep. 11 at 3:42 PM
$LX $QFIN $LU $XYF $YRD This is so interesting to watch play out. I’m so impatient to know the ending. Is china actually in a recession and we see major defaults? Will they start doing buybacks? Is there fraud we don’t know about?
1 · Reply
JohnTill
JohnTill Sep. 11 at 3:00 PM
$LX It appears selling at $0.91 for some profit and favoring $LU at $1.21 was the right move, at least for now. I have been following the Juzi story very closely. The good news is that there have now been major audits across the lending platforms over the past few weeks, and so far this appears to be an isolated incident rather than a widespread industry problem. Chinese regulators have now told banks not to pull back as aggressively, as they did not want the consumer lending industry to grind to a halt. Many small/mid-sized players have shut down but conditions seem to be very slowly moving back in the right direction for the major facilitators remaining. I am betting LU picked up some business as they were one of the only ones not cut off. With the crackdown on outside lending agencies and long-tail lenders exiting the market, the big remaining question is the extent of defaults from consumers who can no longer roll over their loans after being cut off. Will revisit LX in the 0.70s.
0 · Reply
Royalorange
Royalorange Sep. 11 at 11:11 AM
$LU $QFIN $FINV "loan assistance companies are finding it difficult to offset the impact of declining pricing through scale expansion. In addition, compliance, technology, and risk control-related investments remain rigid, and existing high-yield assets are gradually maturing and being replaced by low-yield new businesses, resulting in a simultaneous decline in revenue and profit." With the domestic loan facilitation business shrinking, various platforms are looking overseas for growth opportunities [...] He added that it generally takes three years to break even in a new market, so even from a financial perspective, the pace of expansion must be controlled. However, it is certain that overseas market expansion is the company's development direction. $LX Lexin is vigorously developing non-matching businesses such as e-commerce to cope with industry adjustments. https://finance.sina.com.cn/jjxw/2026-09-09/doc-inirfcpw5736484.shtml
0 · Reply
JohnTill
JohnTill Sep. 11 at 5:10 AM
$LU https://www.glinsight.com/china-digital-lending-lost-half-to-collections/ ……… ”Lufax is the contrast. It reported a week before the others and did not mention the event in its release. It bears credit risk on 93.2% of its balance, funds its consumer-finance subsidiary in the interbank market at a cost of 3.8% by balance, and grew new loans 4.6% in the quarter. A licensed lender with its own funding does not get cut off when a facilitator in Liaoning is arrested. What partner banks should ask now The consolidation that regulators wanted is arriving faster than the rate caps could deliver it. FinVolution’s CFO told analysts that “most of the small- and middle-sized platforms have either exited or pulled back sharply on lending.” The survivors are the platforms that sit on major banks’ lists and can absorb 30 basis points of funding-cost increase, which means Ant, WeBank, Douyin, Lufax and a handful of listed names. Everyone else is a funding line away from Juzi.”
2 · Reply
Luc7777
Luc7777 Sep. 11 at 3:50 AM
$LU In my humble opinion, the SEC completely ignores such letters; the fact that you hold a specific number means nothing—it is just a statistic, like taking a ticket at the post office, the tax office, or anywhere else that uses a queueing and registration system. People have repeatedly sent similar petitions—perhaps less professionally or coherently written—regarding the blatant malfeasance of hundreds or even thousands of obviously fraudulent companies (mainly from China, though not exclusively), yet the outcome was always the same old scam. So, in my view, the SEC is simply an accomplice, and everything—literally everything—lies in the hands of the guys at Ping An, meaning in the hands of the Central Committee of the Chinese Communist Party.
2 · Reply
i_jw
i_jw Sep. 11 at 1:24 AM
$LU Well it looks like the Yemen situation wll have a tail. So FML for going so heavy on Chinese stocks
1 · Reply
lightbutterfly
lightbutterfly Sep. 10 at 6:26 PM
$LU well you can thank me for this one but i still don`t get exactly where they are going with this . !!?? they went from , don`t look , we might steal from you to. we are going to steal from you we need to kill it regardless , even though the valuer and independent committee are maintaining discussions with management did not hint to a dividend in next 12 months , the fact is that is only to cover themselves and if company do swing to profits thanks to provisions reversals which is a certainty given the large impairment they took early in summer , well a dividend would not contradict valuer assessment at that moment also note that by unbundling and seeking a Specific Mandate rather than drawing from a standard General Mandate, the board is structurally separating this transaction from standard corporate limits. Under exchange listing rules, a General Mandate restricts an issuer from printing more than 20% of its capital registry without re-voting so if this one might be worse
2 · Reply
lightbutterfly
lightbutterfly Sep. 10 at 5:05 PM
$LU For the purpose of this analysis, with reference to the price of ADS as quoted on the NYSE and the ADS Ratio that one ADS representing two Shares, the Adjusted Conversion Price of US$2.32 per Conversion Share represents a premium of approximately 220.0% over the closing price of US$1.45 per ADS (equivalent to approximately US$0.73 per Share) as quoted on the NYSE on the Last Trading Day, and a premium of approximately 215.6% over the average closing price of US$1.47 per ADS (equivalent to approximately US$0.74 per Share) as quoted on the NYSE for the last five consecutive trading days up to and including the Last Trading Day. Bi... tch I don`t care , i want to kill it regardless !!! Pay us book value and we will shut up , otherwise be prepared to deal with 2 legally structured letters per week to SFC/HKEX . they are treading very carefully in a way not seen in a while and most importantly no lower conversion price is possible given that they clearly specified discussion with managemet
0 · Reply
chinesefood
chinesefood Sep. 10 at 5:04 PM
$LU assuming Ping An gets "everything it wants", i.e., a favorable vote, what's your new long term (1yr+) valuation of $LU shares?
1 · Reply
Luc7777
Luc7777 Sep. 10 at 3:31 PM
$LU Proposed ResolutionsResolution 1 (a): Approve the Amendment and Supplemental Agreement extending the maturity of the Ping An Overseas Holdings Convertible Promissory Notes by one year to October 8, 2027. What do you think about this
2 · Reply
Victor_Shultz
Victor_Shultz Sep. 9 at 8:07 PM
$LU f
0 · Reply
lenature
lenature Sep. 9 at 1:39 PM
$LU hi investors and traders - this is your reminder - it is now 9:39am and the Lufax shares are available for active trading through your broker
2 · Reply
blshassphat
blshassphat Sep. 9 at 12:19 PM
$LU Let's vote against everything Pingan wants.
2 · Reply
Luc7777
Luc7777 Sep. 8 at 12:37 PM
$LU $LU have you noticed guys good results of ping an digital bank? 3bn+ / half year= likely 6+ /full 26, wholly owned by Lufax with mkt capitalisation 1+ BN .
3 · Reply
JohnTill
JohnTill Sep. 6 at 9:26 PM
$LU I’m sure OCFT shareholders were throwing in the towel after watching the stock collapse from $4 to $1 over the course of a year. We all know how that story ended and Ping An bought them out at $8. See the next chart on LU for comparison and I for one sure hope history repeats. Right now it sure is rhyming.
2 · Reply
OopsAgain
OopsAgain Sep. 6 at 2:22 PM
$LU China pumps massive US$54B into insurers, banks in financial powerhouse push https://www.scmp.com/business/banking-finance/article/3366559/china-rolls-out-massive-us54b-package-insurers-banks-financial-powerhouse-push?share=Y1BO01DloWLlPw1g%2BX7oMSxRQIUohYazwi9MAwVvUwL88LFKrdKJWk4jBZcYKVjqVrpsbKgmQlRM%2FuprozgFZYiY2aJSCGTpzw3HrAaFYbroLkEuWj6mHh5pMmntUNnXJAY87AxXn%2B%2B64ylbNzslzA%3D%3D&utm_campaign=social_share
1 · Reply
JohnTill
JohnTill Sep. 6 at 12:58 AM
$LU Why am I more interested in $LU than traditional lenders like $LX or $QFIN. Yesterday’s news from Ping An Digital Bank (PADB), Lufax’s Hong Kong bank, is just one of many reason. PADB has spent 18 months hoovering up deposits, tripling them to HK$12.5B by March and likely doubling them again since. Yet PADB's loan book is still only HK$3.6B. Now they’re deploying funding. With this news, PADB is the FIRST digital bank in Hong Kong to launch dedicated factoring for cross-border e-commerce exporters. Why is this smart? Almost every mainland cross-border seller invoices through a Hong Kong trading entity, exactly the customer PADB is licensed to lend to. Underwriting is based on real-time buyer and sales data, helping control risk. These are asset-light offshore entities that traditional credit models struggle to assess. PADB can target this niche using Ping An’s massive connections China’s cross-border e-commerce market reached RMB 2.75 trillion in 2025. https://www.malaymail.com/amp/news/money/mediaoutreach/2026/09/04/ping-an-digital-bank-launches-purchase-order-financing-tailored-for-cross-border-e-commerce-businesses/485319
1 · Reply
JohnTill
JohnTill Sep. 4 at 8:13 PM
$LX I’ll most likely regret this since LX feels due for a quick snapback above $1, but for full disclosure, I sold 80% of my position over the last few hours at an average of $0.906. The thread just seems to bullish given the leverage and unknowns so playing it safe to sleep better. I got lucky with an $0.82 average this round, so I’m now sitting on a small gain overall after what has been a wild month. Stops in place on the remaining position. I rolled the proceeds from both QFIN and LX gains today into $LU and will keep working on bringing my average down there. Good luck to those long and cheers to the weekend.
1 · Reply
JohnTill
JohnTill Sep. 4 at 7:35 PM
$LU $LX $QFIN $FINV The table every China Fintech investor should study. Consumer loans are now at far greater risk than SME loans as a result of the recent scandal and consumers not being able to roll loans forward.
2 · Reply
JohnTill
JohnTill Sep. 4 at 4:39 PM
$LU Always the brides maid and never the bride. Sitting in profits on $QFIN and $LX finally but watching the largest of my three China Fintech position sucking wind. I still think LU it has the most potential, best balance sheet and safest long-term outcome but price and price action sure do not confirm this. Suffering!
1 · Reply