Tagged: Ping An Insurance

Chinese P2P Lender Lufax’s Valuation Goes Up to $39.4 Billion Following 1.3 Billion Series C Funding Round

Following its Series C funding round, which secured $1.3 million, Chinese peer-to-peer lending platform Lufax Holding has reportedly increased its total estimated valuation to $39.4 billion. Launched in 2012, Lufax provides professional investment and financial services for SMEs and individual customers. The platform is also… Read More

‘Legal Risk Is the Biggest Risk’ When Using Crowdfunding, Says Country Garden CFO Wu Jianbin

  China has still not issued crowdfunding regulations, leading big developers to seek out legal advice when employing crowdfunding, according to a recent article in the South China Morning Post. Given that the mainland authorities have also not licensed any crowdfunding platform, industry experts suggest that the… Read More

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