BRIEF: Lufax names new co-CEO and chief marketing officer

Online lender Lufax Holding Ltd. (LU.US; 6623.HK) on Friday announced appointments of two new top executives, as it works to resume trading of its Hong Kong-listed shares following the resignation…

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…
OneConnect to shutter its cloud services

OneConnect in forced divorce from parent Ping An

The financial software services provider will shutter its cloud business, whose main clients were its parent and other related companies Key Takeaways: OneConnect will shutter its cloud services division, which…

PODCAST: Relaxing Data Requirements, and a Big Dividend

China exempts most foreign firms from worrisome data requirements. But will it change its mind later? And a leading fintech lender offers a massive dividend. But shareholders worry more about its rapidly shrinking size.