Lu International has joined up with Thailand’s Kasikornbank to create a digital wealth management platform.
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Lu International has joined up with Thailand’s Kasikornbank to create a digital wealth management platform.
The subsidiary of China online wealth management firm Lufax launches a wealth management mobile app in Hong Kong
The subsidiary of China online wealth management firm Lufax can now tap Hong Kong retail customers after receiving regulatory approval.
However, a majority of investment recommendations made by digital platforms do not match investors’ needs.
The investment platform will offer private equity products in addition to the 16 mutual funds for sale to accredited investors.
Ping An’s Lu International has launched a platform aimed at accredited investors, becoming the latest to enter the growing field of online wealth management.
The Monetary Authority of Singapore has awarded a capital markets services licence to a subsidiary of Ping An-backed Lufax Holdings yesterday, according to a statement from the firm.
Part of the Mark Allen Group.