Lufax, P2P fintech backed by China’s biggest insurer, said to aim for IPO in the US this year
Lufax Holding, which runs an online wealth management and peer-to-peer lending platform, is planning an initial public offering in the US this year, according to a person familiar with the matter, amid heightened scrutiny on US-listed Chinese companies in recent months.
The company is pursuing its long-held ambitions to list