Lufax expands into international markets

Although peer-to-peer lending platforms face stricter regulations in China, this hasn't stopped the expansion of Lufax into overseas markets.

Lufax expands into international markets

Lu International, the Singapore-based subsidiary of peer-to-peer P2P lending platform Shanghai Lujiazui International Financial Asset Exchange Lufax, is expanding its user base to corporate clients.

The company said in an email that OCBC Bank has become the first corporate client to access Lu International’s investment products on its digital platform, though it did not specify which products it provides to them.  

Lu International intends to attract more customers by...

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