Another quick trade idea. A continuation of the China theme (see my last post for more info). Lufax holdings (LU). Again courtesy of JohnTill on Stocktwits.
A Chinese lending company, lending out directly and providing a peer to peer lending platform for the Chinese market.
With Ping An being a ~41% shareholder.
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
Unlock all research summaries
Follow top, independent analysts
Receive personalised alerts and emails
Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.