wealth management products

1 articles
BenzingaBenzinga··Warren Yang

Lufax Confronts Dual Headwinds: Accounting Probe and Slowing China Growth

Lufax discloses 45 billion yuan accounting irregularities and restates 2022-2023 financials. New CEO faces dual challenges: regulatory compliance and declining lending amid China's economic slowdown.
LUFINVfinancial restatementaccounting scandal