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

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

  • Company denies reports it is exiting the sector altogether
  • Lufax plans to apply for a consumer lending licence, source says
Topic |   Peer-2-Peer
Lufax is one of mainland China’s largest online wealth management platforms. Photo: ReutersLufax is one of mainland China’s largest online wealth management platforms. Photo: Reuters
Lufax is one of mainland China’s largest online wealth management platforms. Photo: Reuters
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