China’s Lufax raises $1.2b round
Shanghai Lujiazui International Financial Asset Exchange (Lufax), a Chinese online finance platform controlled by Ping An Insurance Group, has completed a $1.22 billion round of funding.
The round included $924 million raised from new investors plus an additional $292 million from existing backers who exercised an option to participate, a statement said. Bank of China Group Investment,...
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