Hong Kong offers shelter for battered fintech star


Source: leportale.com leportale.com

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U.S.- listed Chinese online lender Lufax reported strong earnings, yet shares trade abysmally as it fights through a thicket of new rules. Like many peers , it’s mulling a Hong Kong ticker . The sooner the better, says JennHughes13 U.S.- listed Chinese online lender Lufax reported a one-third rise in annual net profit and its first dividend. Yet shares trade at a miserly five times earnings as it fights through a thicket of new rules. Like many peers , it’s mulling a Hong Kong ticker . The sooner the better. Context NewsU.S.- listed Lufax , a Chinese online lender ,...