Ping An Health pins recovery hopes on new leadership
The ailing healthcare platform brought in a whole new management team three years ago to drive a business turnaround but it is changing leaders again Key Takeaways: The Covid pandemic…
FAST NEWS: ZhongAn’s gross written premium growth slows
The latest: Online insurer ZhongAn Online P & C Insurance Co. Ltd. (6060.HK) announced Wednesday its aggregate gross written premiums in the first eight months of this year totaled about 20.7 billion yuan…
FAST NEWS: Co-founder Ou Yaping resigns as chairman of ZhongAn Online
The latest: Online insurer ZhongAn Online P & C Insurance Co. Ltd. (6060.HK) said Monday its Chairman Ou Yaping resigned for personal reasons but retained his position as a non-executive director. The…
FAST NEWS: ZhongAn’s premium growth accelerates in May
The latest: Online insurer ZhongAn Online P & C Insurance Co. Ltd. (6060.HK) announced Tuesday that its aggregate gross written premiums in the first five months of the year rose…
FAST NEWS: Lufax jumps after announcing plans for second listing in Hong Kong
The latest: Lufax Holding Ltd. (LU.US), the largest of China’s private online loan facilitators, announced Tuesday that it will be listed on the Hong Kong Stock Exchange on Friday “by way of…
FAST NEWS: Lufax swings to loss as new lending tumbles
The latest: Lufax Holding Ltd. (LU.US), the largest of China’s private online loan facilitators, reported its revenue fell 22% to 12.32 billion yuan ($1.79 billion) in the fourth quarter, while…
Fintech Lufax Seeks Dual Listing as Pandemic Hits Profits
Ping An-backed Lufax has applied to have its shares traded in Hong Kong as well as the U.S., following in the footsteps of dual-listed fintech firms OneConnect and 360 DigiTechKey…