LU News
Archived Headlines
- Chinese financial services platform Lufax sets terms for $2.2 billion US IPO 10/22/20
- Chinese financial services platform Lufax files for an estimated $3 billion US IPO 10/07/20
- Fall 2020 US IPO Preview: Tech Unicorns Leap Through the IPO Window 09/04/20
- US IPO Weekly Recap: The last IPO of 2015 12/18/15
US IPO Week Ahead: The IPO market takes a break during the shortened holiday week
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
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, 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
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