A sign of wealth management platform Lufax is seen during an expo in Beijing, China December 11, 2015. Picture taken December 11, 2015. Photo: Reuters

Will Lufax’s stock sale in April help Hong Kong in its race for the IPO crown?

At US$60 billion, Lufax is set to become China’s second most valuable fintech company, only after Alibaba affiliate Ant Financial, which was previously estimated to be worth US$75 billion

Topic |   IPO

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A sign of wealth management platform Lufax is seen during an expo in Beijing, China December 11, 2015. Picture taken December 11, 2015. Photo: Reuters
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