Lufax: Lower Funding Cost To Drive Loan Growth
LUFAX(LU) Seeking Alpha·2024-01-30 06:58
zhuyufang Lufax Holding Ltd (NYSE:LU) is a leading Chinese financial services provider focusing on providing small business owners with access to multiple loan products. They provide various financial products under different entities. For instance, Puhui is Lufax's core brand for enabling retail credit, primarily focusing on unsecured and secured loans for small businesses. LujinTong, on the other hand, is a referral service for connecting borrowers with banks. The fastest-growing business for Lufax most r ...