Lufax is one of mainland China’s largest online wealth management platforms. Photo: Reuters

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Chinese fintech giant Lufax cuts P2P lending to meet regulatory requirements, may restart IPO plans after restructuring segment

Name: SCMP
Telephone: +852-2680-8888

Company denies reports it is exiting the sector altogether

Lufax plans to apply for a consumer lending licence, source says

Topic | Peer-2-Peer

Published: 9:29pm, 18 Jul, 2019

Updated: 11:07pm, 18 Jul, 2019

Lufax is one of mainland China’s largest online wealth management platforms. Photo: Reuters

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