Jefferies resumed coverage of Lufax with a rating of Hold and set a new price target of $3.20
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/24/2024 | $3.20 | Hold | Jefferies |
| 1/25/2024 | Buy → Neutral | BofA Securities | |
| 8/24/2023 | $1.60 → $1.00 | Neutral → Sell | UBS |
| 6/8/2023 | $2.50 | Outperform | Bernstein |
| 5/16/2023 | Underperform → Outperform | Macquarie | |
| 3/14/2023 | $1.50 | Neutral → Underperform | Macquarie |
| 3/13/2023 | $3.52 → $2.04 | Buy → Neutral | Citigroup |
| 11/25/2022 | $2.00 | Buy → Hold | HSBC Securities |
SHANGHAI, Oct. 21, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE:LU), a leading financial services enabler for small business owners in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Total income was RMB5,543 million (US$790 million) in the third quarter of 2024, compared to RMB8,050 million in the same period of 2023.Net loss was RMB725 million (US$103 million) in the third quarter of 2024, compared to net profit of RMB131 million in the same period of 2023.(In millions except percentages, unaudited) Three Months Ended September 30, 2023 2024 YoY RMB RMB USD Total incom
SHANGHAI, Oct. 15, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE:LU), a leading financial services enabler for small business owners in China, today announced that it plans to release its third quarter 2024 financial results after the Hong Kong market closes and before the U.S. market opens on Monday, October 21, 2024. The Company's management will hold an earnings conference call at 9:00 P.M. U.S. Eastern Time on Monday, October 21, 2024 (9:00 A.M. Beijing Time on Tuesday, October 22, 2024) to discuss the financial results. For participants who wish to join the call, please complete online registration using the link provided below in advance of the conference cal
SHANGHAI, Aug. 21, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE:LU), a leading financial services enabler for small business owners in China, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 & First Half 2024 Financial Highlights Total income was RMB5,976 million (US$822 million) in the second quarter of 2024, compared to RMB9,270 million in the same period of 2023.Net loss was RMB730 million (US$100 million) in the second quarter of 2024, compared to net profit of RMB1,004 million in the same period of 2023.(In millions except percentages, unaudited) Three Months Ended June 30, 2023 2024 YoY RMB RMB
Jefferies resumed coverage of Lufax with a rating of Hold and set a new price target of $3.20
BofA Securities downgraded Lufax from Buy to Neutral
UBS downgraded Lufax from Neutral to Sell and set a new price target of $1.00 from $1.60 previously
6-K - Lufax Holding Ltd (0001816007) (Filer)
SC 14D9/A - Lufax Holding Ltd (0001816007) (Subject)
6-K - Lufax Holding Ltd (0001816007) (Filer)
SC 13D/A - Lufax Holding Ltd (0001816007) (Subject)
SC 13D - Lufax Holding Ltd (0001816007) (Subject)
SC 13G/A - Lufax Holding Ltd (0001816007) (Subject)
Key Takeaways: OneConnect will shutter its cloud services division, which accounted for nearly half its revenue, after losing most of its customers for the business The development underscores a major risk for Chinese companies that rely too heavily on business from their parent and other related companies By Doug Young The story of former fintech highflyer OneConnect Financial Technology Co. Ltd. (NYSE:OCFT) is rapidly shaping up as a tale of an incredible shrinking company. It also offers a valuable corporate lesson on the dangers of relying too heavily on business from related companies. OneConnect made headlines late last week when it announced it would shutter its cloud services
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Wednesday. Shares of Kura Sushi USA, Inc. (NASDAQ:KRUS) fell sharply in today's pre-market trading after the company posted downbeat results for its third quarter on Tuesday. Kura Sushi reported quarterly earnings of $0.00 per share which missed the analyst consensus estimate of $0.01. The company reported quarterly sales of $63.082 million which missed the analyst consensus estimate of $63.101 million, according to data from Benzinga Pro. Indivior shares fell 4.2% to $56.00 in the pre-market trading session. Here are some big stocks recording losses in today's pre-market trading sess
U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 20 points on Monday. Shares of Intapp, Inc. (NASDAQ:INTA) fell sharply in today's pre-market trading after Oppenheimer downgraded the stock from Outperform to Perform. Intapp shares tumbled 4.5% to $ 34.67 in the pre-market trading session. Here are some big stocks recording losses in today's pre-market trading session. Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT) shares dipped 16.2% to $8.79 in pre-market trading. Arcutis Biotherapeutics, last week, reported inducement grants under Nasdaq Listing Rule 5635(c)(4). ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) shares declined 6.4% to $
SHANGHAI, Oct. 21, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE:LU), a leading financial services enabler for small business owners in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Total income was RMB5,543 million (US$790 million) in the third quarter of 2024, compared to RMB8,050 million in the same period of 2023.Net loss was RMB725 million (US$103 million) in the third quarter of 2024, compared to net profit of RMB131 million in the same period of 2023.(In millions except percentages, unaudited) Three Months Ended September 30, 2023 2024 YoY RMB RMB USD Total incom
SHANGHAI, Oct. 15, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE:LU), a leading financial services enabler for small business owners in China, today announced that it plans to release its third quarter 2024 financial results after the Hong Kong market closes and before the U.S. market opens on Monday, October 21, 2024. The Company's management will hold an earnings conference call at 9:00 P.M. U.S. Eastern Time on Monday, October 21, 2024 (9:00 A.M. Beijing Time on Tuesday, October 22, 2024) to discuss the financial results. For participants who wish to join the call, please complete online registration using the link provided below in advance of the conference cal
SHANGHAI, Aug. 21, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE:LU), a leading financial services enabler for small business owners in China, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 & First Half 2024 Financial Highlights Total income was RMB5,976 million (US$822 million) in the second quarter of 2024, compared to RMB9,270 million in the same period of 2023.Net loss was RMB730 million (US$100 million) in the second quarter of 2024, compared to net profit of RMB1,004 million in the same period of 2023.(In millions except percentages, unaudited) Three Months Ended June 30, 2023 2024 YoY RMB RMB
SHANGHAI--(BUSINESS WIRE)--Lufax Holding Ltd (“Lufax” or the “Company”) (NYSE: LU), a leading technology-empowered personal financial services platform in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 Financial Highlights Total income increased by 5.9% to RMB13,286 million (US$2,036 million) in fourth quarter of 2020 from RMB12,549 million in the same period of 2019. Net profit increased by 17.4% to RMB2,847 million (US$436 million) in fourth quarter of 2020 from RMB2,425 million in the same period of 2019. (In millions except percentages, unaudited) Three Months Ended December 3
BEIJING, Jan. 12, 2021 /PRNewswire/ -- Autohome Inc. ("Autohome" or the "Company") (NYSE: ATHM), the leading online destination for automobile consumers in China, today announced that Mr. Quan Long has been appointed as the successor to Mr. Min Lu to serve as a director and the chairman of the board of directors of the Company (the "Board"), the chairman of the nominating and corporate governance committee and the compensation committee of the Board, and the chief executive officer of the Company, effective immediately. Mr. Lu retired from his roles in the Company to explore new areas beyond office life. Before joining Autohome, Mr. Long has held a series of leadership roles within Ping A