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LU News

US IPO Week Ahead: The IPO market takes a break during the shortened holiday week

OZON

The IPO market is taking a break during the shortened Thanksgiving week, with just one IPO and a few SPACs scheduled to raise at least $900 million. Russian e-commerce company Ozon Holdings (OZON) plans to raise $750 million at a $4.4...read more

US IPO Weekly Recap: Big fintechs fall as 11 IPOs squeeze in ahead of the election

LU

Eleven IPOs and nine SPACs priced this past week, getting out ahead of the US election. Markets tumbled and volatility spiked, as several deals broke issue and three IPOs postponed. The diverse group had very mixed trading, and averaged a return of 9.9%. New...read more

Chinese financial services platform Lufax prices $2.4 billion US IPO at $13.50, the high end of the range

Lufax Holding logo

Lufax Holding, which provides a platform for retail loan facilitation and wealth management in China, raised $2.4 billion by offering 175 million ADSs at $13.50, the high end of the range of $11.50 to $13.50. This will mark the second largest deal of 2020 thus...read more

US IPO Week Ahead: Chinese fintech, pool supplies, and auto insurance lead a diverse 15 IPO week

LU

Updated Monday, 10/26. In a pre-election tidal wave of deals, 15 IPOs are scheduled to raise $5.1 billion in the week ahead. Chinese loan facilitation platform Lufax (LU) is leading the diverse group, which includes a pool...read more