Lufax Holding Ltd (“Lufax” or the “Company”), a leading technology-empowered personal financial services platform in China, today announced the pricing of its initial public offering of 175,000,000 American Depositary Shares (“ADSs”), each two ADSs representing one ordinary share of the Company, at a price to the public of US$13.50 per ADS for a total offering size of US$2.3625 billion, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs are expected to begin trading on the New York Stock Exchange on October 30, 2020, under the symbol “LU.” The closing of the offering is expected to occur on November 3, 2020, subject to the satisfaction of customary closing conditions.
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