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Lufax Holding Ltd Class A ( (HK:6623) ) has shared an update.
Lufax Holding Ltd has announced a delay in the publication of its 2024 annual results and a continued suspension of trading due to ongoing issues that require resolution. The company is working to meet the Stock Exchange’s Resumption Guidance, which includes conducting an independent investigation into certain transactions, publishing outstanding financial results, and ensuring compliance with regulatory requirements. The delay in appointing a successor auditor and completing necessary audits has contributed to the delay in meeting reporting obligations in Hong Kong and the United States. The company aims to resume trading as soon as possible, but faces potential delisting if issues are not resolved within 18 months.
More about Lufax Holding Ltd Class A
Lufax Holding Ltd is a financial services company incorporated in the Cayman Islands, with its operations primarily focused on providing wealth management and retail credit facilitation services. The company is listed on the Hong Kong Stock Exchange and the New York Stock Exchange, indicating a significant presence in both Asian and international financial markets.
YTD Price Performance: 10.89%
Average Trading Volume: 45,677
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$18.89B
For a thorough assessment of 6623 stock, go to TipRanks’ Stock Analysis page.