News Snapshot:
Financial technology firm Lufax has raised $2.4 billion ahead of its Wall Street debut Friday, a report said, marking one of the best US initial public offerings by a Chinese company this year, despite flaring tensions between Beijing and Washington. The listing comes less than a week before Chinese fintech titan Ant Group is expected to begin trading in Hong Kong and Shanghai following a world record IPO, though it also takes place at a time of heightened volatility on world markets caused by a virus resurgence and US election uncertainty. A number of high-profile Chinese firms -- especially those...