Lufax does finance

BRIEF: Lufax replaces chief risk officer

Online lender Lufax Holding Ltd. (LU.US; 6623.HK) on Friday announced that Youn Jeong Lim resigned as the company’s chief risk officer, citing “personal work arrangements, and was replaced by Cheng…

BRIEF: EV maker Seres launches $1.7 billion IPO

Electric vehicle (EV) maker  Seres Group Co. Ltd.  (9927.HK; 601127.SH) launched its Hong Kong IPO on Monday, aiming to sell 100 million shares for HK$131.50 apiece to raise about HK$13.2…

BRIEF: Ping An Health’s profit jumps

Healthcare platform Ping An Healthcare and Technology Co. Ltd. (1833.HK) said on Thursday its profit jumped 72% year-on-year to 184 million yuan ($26 million) in the first nine months of…