US stocks fell continuously on the first day of trading on Lufax

Original caption: US stocks fell continuously on the first day of trading on Lufax

In late October, it officially landed on the NYSELufaxClosed at 12:85 on the first day of issueAmerican dollar/ ADS, 4.85% less than the issue price. It’s worth noting that in the last 10 trading days, the US stock market has fallen continuously, with a cumulative drop of more than 10%, the biggest weekly drop since March. at the same time,A crotchThe three main indices closed in October, especiallyGrowing Business Market IndexThe performance is more outstanding.

　　LufaxThe closing price on the first trading day was 4.85% lower than the issue price.

30th of OctoberLufaxOfficially landed on the New York Stock Exchange, however, affected by the sharp decline in US stocks, it closed at $ 12.85 / ADS on the first day, 4.85% less than the issue price.Market value31.3 billion US dollars (about 209.5 billionRMB)。

In 2011, the “Lufax” of Ping An Group was formally established in Shanghai. Relying onborrowmotherthe companyWith the advantages of full financial licenses, Lufax has quickly become the largest P2P company in China. However, due to subsequent lightning incidents on the P2P platform, supervision continued to be more stringent and LufaxIPOThe plan has been pushed back and forth.

After the P2P sale, Lufax’s profitability and business transformation have always attracted attention. According to the prospectus, Lufax Holdings’ core business iswealthadministrationversusRetailCredit。

　　US stocks post their biggest weekly decline since March

The journalist noted that not only Lujin fell, it officially landed on the New York Stock Exchange. Over the past 10 business days, the US stock market fell steadily, with a cumulative drop of more than 10%, the biggest weekly drop since March.

Some analysts said that with the growing number of new confirmed cases of new coronary pneumonia in the United States and many European countries, many countries have urgently adopted epidemic prevention measures. In this context, several indices in Europe and the United States recorded the largest monthly decline since the outbreak of the epidemic in March this month.

October 30 on the peripherymarketUnder the shock, the top three A-share stock indices fell collectively, heading northmoneyNet outflows exceeded 5.6 billion yuan during the day, however, after the September shock, the October monthly lines of the three major indices all closed, especiallyTo start a businessThe board index performed more prominently. Data shows that at the close of October 30, the Shanghai Composite Index closed up 0.20% in October;Shenzhen Component Index, ChiNext refers to the monthly line for October that closes 2.55% and 3.15% respectively. According to industry experts, the current market growth expectations are gradually shifting towards technology, medicine, environmental protection,consumptionclose.

(Source: Guangzhou Daily)

(Responsible editor: DF524)