Lufax Renews Services Agreement With Controlling Shareholder

MT Newswires Live

02/16

Lufax Holding (HKG:6623) renewed a services purchasing agreement with its controlling shareholder Ping An Insurance (HKG:2318, SHA:601318), according to a Hong Kong bourse filing Friday.

Under the agreement, Ping An Insurance will provide certain services, including financial consulting, legal and risk management, and human resources consulting, to Lufax's wholly-owned subsidiary Ping An Puhui Enterprises Management.

The agreement will last until Dec. 31, Lufax said.

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