
Equipped with Ping An's data and client pool, wealth management platform Lufax Holding is positioned to benefit from China's growing middle class. presents its first equity research report on the company, touching upon various facets of its business.
Highlights
- Lufax is a value creator that ranks the second and the third in China's credit and wealth management markets respectively, among all the non-traditional financial service providers
- It is dominating the high-end segment of the market
- Lufax's current client acquisition strategy is diverse and well-balanced
- We set the price target at USD 22.9 per ADS, 67% higher than USD 13.76 on December 28, 2020
1 Business overview
2 Growth drivers
3 Risks and perils
4 Forecast and valuation
List of Tables
16 graphs comprehensively dissecting the company's business layout and market position
10 charts drawing an overall picture of the market trends and the company's business strategies and how they drive its future development
List of Figures
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*If Applicable.
