The New York Stock Exchange, where Lufax is listing. Photo: Reuters The New York Stock Exchange, where Lufax is listing. Photo: Reuters
The New York Stock Exchange, where Lufax is listing. Photo: Reuters
IPO

Chinese wealth management unicorn Lufax on path to biggest US listing by Chinese issuer this year, targets US$2.4 billion IPO

  • Company owned by Ping An Group has set US$13.5 as top end of its IPO price range
  • Ping An opted for US over Hong Kong or Shanghai as it wanted a better valuation, more exposure to US institutional investors: sources

Topic |   IPO
The New York Stock Exchange, where Lufax is listing. Photo: Reuters The New York Stock Exchange, where Lufax is listing. Photo: Reuters
The New York Stock Exchange, where Lufax is listing. Photo: Reuters
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