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Lufax Has Plenty Of Ground To Cover To Win Investors' Good Graces
Benzinga· 2025-07-23 23:47
Key Takeaways: Lufax Holding Ltd. LU (6623.HK) has been embroiled in a scandal this year over questionable transactions with related parties, likely involving parent Ping An Group and the financial services giant's subsidiaries. Yet the online loan facilitator's financial dependence on its parent appears to be only deepening as it seeks to jumpstart its growth. That doesn't exactly help reduce the very risk that has led to the company's current predicament, which led to the suspension of trading for Lufax's ...