Lufax Holding Ltd (LU) posted a net loss of RMB 725 million in the third quarter of 2024, compared to net profit of RMB 131 million in the same period of 2023. Loss per ADS was RMB 1.12 compared to profit of RMB 0.16.
Total income was RMB 5.54 billion, a decrease of 31% from a year ago. Net interest income was RMB 2.69 billion, a decrease of 18.8%, mainly due to the decrease in loan balance, partially offset by the increase of net interest income from the company's consumer finance business.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.