China's Lufax seeks $60b valuation with April IPO in Hong Kong: Report

China's Lufax seeks $60b valuation with April IPO in Hong Kong: Report

REUTERS/Bobby Yip

China’s largest online wealth management platform, Shanghai Lujiazui International Financial Asset Exchange, or Lufax, is seeking a valuation of $60 billion with its April initial public offering in Hong Kong, the South China Morning Post reported on Monday.

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