Chinese Fintech Lufax Joins Rush of Chinese Companies Filing IPOs On Wall Street

After having to postpone its original IPO plans in Hong Kong due to changes in financial regulations, and pivots in operations, Chinese lending and wealth management firm Lufax is now opting to list on the New York Stock Exchange. Backed by financial services conglomerate Ping An Group, the Shanghai-based start up is said to be filed with the SEC to list under the ticket “LU.”...