The Latest

• July 19, 2019

  By Charleston Lim

  Ping-An Insurance-backed Lufax To Scrap Core P2P Lending Business

  Lufax is reportedly scaling down its peer-to-peer (P2P) lending business following an increased crackdown by Chinese regulators on high financial risk operations.

  

  Lufax is reportedly scaling down its peer-to-peer (P2P) lending business following an increased crackdown by Chinese regulators on high financial risk operations.