Welcome to our dedicated page for Lufax Holding news (Ticker: LU), a resource for investors and traders seeking the latest updates and insights on Lufax Holding stock.
Lufax Holding Ltd (LU) provides technology-driven financial services across personal lending and wealth management in China. This page aggregates official announcements, strategic updates, and market-relevant developments for stakeholders tracking the company’s evolution in fintech innovation.
Access curated press releases covering quarterly results, partnership expansions, product launches, and regulatory milestones. Our repository ensures investors and analysts can efficiently monitor Lufax’s retail credit facilitation progress, wealth management initiatives, and risk management strategies.
Key focus areas include updates on the Retail Credit Facilitation Hub’s loan portfolio adjustments, Wealth Management Hub’s client growth, and technological advancements in credit assessment systems. Content reflects Lufax’s emphasis on balancing asset quality with market expansion in China’s competitive financial landscape.
Bookmark this page for streamlined access to verified information about LU’s operational strategies, institutional collaborations, and responses to macroeconomic trends affecting personal finance sectors.
Lufax (NYSE: LU) announced on October 31, 2025 the appointment of Xiang Ji as Co-Chief Executive Officer and Tao Wu as Executive Deputy General Manager and Chief Marketing Officer, effective immediately.
Mr. Xiang Ji, aged 43, brings nearly 20 years of cross-industry experience including roles at McKinsey (Global Managing Partner, Asia Retail Banking Business) and holds master's degrees from INSEAD and Politecnico Di Torino. Mr. Tao Wu, aged 52, has over 30 years' experience across insurance, auto services and internet sectors, with recent roles at Autohome and Ping An Property & Casualty. The company said it looks forward to their leadership to advance its strategy and growth.
Lufax (NYSE: LU) announced an Extraordinary General Meeting (EGM) to be held on December 29, 2025 to seek shareholder approval to renew framework agreements governing continuing connected transactions with Ping An Group and its subsidiaries. The current agreements expire on December 31, 2025.
Holders of record of ordinary shares and ADSs as of the close of business on November 17, 2025 are entitled to attend or vote; ADS holders who wish to vote must submit instructions to Citibank, N.A.. Meeting materials and proxy forms will be available on https://ir.lufaxholding.com.
Lufax (NYSE: LU) announced that the New York Stock Exchange granted an extension to file its 2024 annual report on Form 20-F through April 30, 2026, subject to ongoing reassessment.
The company had previously reported a filing delay linked to a proposed auditor change and received NYSE notice of noncompliance with continued listing standards. Lufax has since appointed Ernst & Young and Ernst & Young Hua Ming LLP as auditors and is working with them to finalize and file the 2024 20-F as soon as possible.
If the 20-F is not filed by April 30, 2026, suspension and delisting procedures may commence; the company says it intends to regain compliance within NYSE timelines.
Lufax (NYSE: LU) announced a change in its risk leadership effective October 24, 2025. Ms. Youn Jeong Lim resigned as Chief Risk Officer due to personal work arrangements and the resignation took effect immediately.
The Board appointed Jianbo Cheng as Chief Risk Officer effective the same date. Mr. Cheng joined Lufax in April 2025 as Chief Risk Expert and previously served as General Manager of Pudao Credit (Aug 2021–Mar 2025) and held senior risk roles at Jingdong Digits/ JD.com (Aug 2014–Jul 2021). His earlier career includes roles at Ping An Bank, HUA XIA Bank, FICO, and Ant Financial. Mr. Cheng holds a Bachelor in Finance (June 2004) from Hubei University and an MBA (June 2024) from Tsinghua University.
PAObank and OneConnect Financial Technology (OCFT) were selected for the HKMA's second GenA.I. Sandbox on Oct 15, 2025 to pilot an "Anti-Fraud Strategy Platform" focused on deepfake detection.
The platform uses AI-powered real-time facial recognition and deepfake detection to verify selfies, strengthen fraud investigations, and improve customer protection within a risk-controlled sandbox. OneConnect reports a 99% success rate defending against deepfake threats. Ping An data cited: 3.2 trillion textual points, 7.5 billion images, deployment in 650 scenarios and 818 million AI calls by June 2025.
Lufax Holding (NYSE: LU), a leading Chinese financial services provider for small business owners, held its extraordinary general meeting in Shanghai on September 30, 2025. The shareholders approved a key resolution regarding the 2025 Ping An Consumer Finance Collaboration Supplemental Agreement and its revised annual caps for the year ending December 31, 2025.
The resolution also authorized any Director to execute necessary documents and take appropriate actions to implement the approved transactions. The agreement details were previously outlined in a circular dated September 4, 2025.
Lufax (NYSE: LU), a leading Chinese financial services provider for small business owners, has announced an Extraordinary General Meeting (EGM) scheduled for September 30, 2025, at 2:00 P.M. Hong Kong time. The meeting will be held in Shanghai, China.
Shareholders of record as of August 1, 2025 are eligible to attend in person, while ADS holders can submit voting instructions through Citibank, N.A. The EGM notice, circular, and proxy form are available on the company's investor relations website.
Lufax Holding (NYSE: LU), a Chinese financial services enabler, announced significant changes to its board and committee composition on August 14, 2025. Mr. Weidong Li resigned as independent non-executive Director and from his committee positions due to personal work commitments.
The company appointed Ms. Wai Ping Tina Lee as an independent non-executive Director and committee member. Lee brings over 40 years of legal and banking experience, including senior positions at HSBC and various financial institutions. Additionally, Mr. David Xianglin Li stepped down from the Nomination and Remuneration Committee, with Mr. Dicky Peter Yip taking over as chairman.
Lufax Holding (NYSE: LU), a leading Chinese financial services enabler, held its extraordinary general meeting on June 25, 2025 in Shanghai. Shareholders approved two key resolutions: the removal of PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian LLP as company auditors, and the appointment of Ernst & Young and Ernst & Young Hua Ming LLP as their replacements until the annual general meeting for the year ending December 31, 2025.
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