Lufax Outlines Progress on Trading Resumption, Audits and Internal Control Overhaul

Lufax Holding Ltd Class A ( (HK:6623) ) just unveiled an announcement.

Lufax Holding Ltd has provided a quarterly update on its efforts to resume trading in Hong Kong, detailing progress in addressing regulatory and exchange requirements following the suspension of its shares. The company reported that its investigation team completed a supplemental probe into certain past transactions to determine whether additional similar transactions existed, and has been actively responding to questions from the Hong Kong Stock Exchange. Successor auditor Ernst & Young is currently auditing the company’s financial statements for 2022, 2023 and 2024, and Lufax has obtained an extension from the NYSE to file its 2024 annual report by April 30, 2026, while it works to finalize outstanding financial results. The group has also engaged Deloitte Consulting (Shanghai) as an independent internal control consultant to review and strengthen its internal control framework, and, despite the prolonged trading suspension, notes that its underlying business has continued normal operations, with preliminary operational highlights available for the fourth quarter of 2025. These steps are intended to satisfy resumption guidance, improve governance, and reassure investors as the company seeks to restore compliance and market confidence.

More about Lufax Holding Ltd Class A

Lufax Holding Ltd is a Cayman Islands–incorporated financial services provider listed in both Hong Kong and New York, operating through subsidiaries and consolidated entities. The group focuses on retail financial services and related technology-enabled offerings in mainland China and other markets, positioning itself as a major player in consumer and small-business finance.

Technical Sentiment Signal: Buy

Current Market Cap: HK$18.27B

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