$LU

Lufax Holding Ltd (NYSE: LU, HKEX: 6623) plans to change its ADS ratio from 1:2 to 1:20, effective October 23, 2026. This will act as a 1-for-10 reverse ADS split, with no impact on underlying shares. The company expects the ADS trading price to increase proportionally, though it cannot guarantee this outcome.

Ping An Digital Bank (International) Limited launched a Purchase Order Financing product for cross-border e-commerce businesses, offering up to 95% of accounts receivable financing. The bank uses real-time sales data for credit assessment, with approval and drawdown in as fast as T+1 business day. Ping An Digital Bank is a subsidiary of Lufax Holding Ltd (SEHK: 6623; NYSE: LU) and Ping An Insurance (Group) Company of China, Ltd. (SEHK: 2318; SSE: 601318).

Lufax Holding Ltd (NYSE:LU) reported an 86.2% reduction in its second-quarter net loss to RMB82 million, driven primarily by tax benefits. Pretax profit declined, total income fell 15.5% to RMB6.23 billion, and total expenses decreased 12.7%. Consumer-finance growth and cost reductions were noted, but the company remains loss-making, with its first-half net loss widening 33.7% to RMB694 million. The company's risk-bearing share of the outstanding portfolio increased to 93.2%.

Lufax Holding Ltd (LU) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 Lufax Reports Second Quarter 2026 Financial Results Represents Key Milestone as Company Executes Plan to Return to a Normal Reporting Cadence SHANGHAI, Aug. 19, 2026 /PRNewswire/ -- Lufax Holding Ltd (“Lufax” or the “Company”) (NYSE: LU and HKEX: 6623), a leading fin

Lufax reported Q2 2026 earnings with total income of RMB6,227 million, a 15.5% decrease YoY. Net loss narrowed to RMB82 million, an 86.2% improvement YoY. Loans outstanding decreased 13.5% YoY, but consumer finance loans rose 19.9%. New loans increased 4.6% YoY, driven by a 27.6% rise in consumer finance loans. CEO Xiang Ji highlighted improved asset quality and governance.

Lufax Holding said four of its nine board members, including CFO Xi Tongzhuan, resigned, and the company appointed a new independent director. The resignations follow a Hong Kong trading suspension tied to prior accounting issues and restatements. Lufax reported Q2 operational updates but did not give a resumption date. NY shares rose about 5% over two days.

Lufax Holding Ltd (NYSE: LU, HKEX: 6623) said four directors resigned effective July 25, 2026, including CFO Tongzhuan Xi. The company is searching for a new CFO, with internal staff temporarily covering CFO duties. CEO Xiang Ji becomes the Hong Kong Listing Rules authorised representative. Lufax appointed Wai Kin Chim as an independent non-executive director for an initial three-year term.

Lufax Holding Ltd. (NYSE:LU) traded about 1,072,871 shares mid-day Thursday, down 25% from 1,421,436 the prior session. The stock last traded at $1.5150 vs. a $1.56 close. Analysts cited mixed views: JPMorgan set a $2.00 neutral target; Zacks and Wall Street Zen raised to hold. MarketBeat shows consensus $2.00.

Rosen Law Firm is reminding investors of Lufax Holding Ltd (NYSE: LU) who purchased securities between April 7, 2023, and January 26, 2025, about the May 20, 2026, lead plaintiff deadline in a securities class action. The lawsuit alleges that Lufax lacked adequate internal controls and that certain financial results were materially misstated, causing investors damages. The firm encourages affected investors to secure counsel and understand their options for joining the class action.

Lufax (NYSE: LU) has filed its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission on April 30, 2026, for the fiscal year ended December 31, 2025. The report, which includes audited consolidated financial statements, is accessible on the company's investor relations website. Shareholders and ADS holders can also request a free hard copy of the report.