Who cares about Q4 earnings ? Lockdowns are completely gone. Small businesses, restaurants for example, are bouncing back like crazy. LU's loan volume and quality are already recovering. This is a very profitable fintech way undervalued.

LU is looking very strong in this challenging market. I expect China sales to come roaring back. The new year will be a test of Covid transmission and what might happen next with that. I'm guessing they proceed business as usual and that Western vaccine makers sell more doses there.

Most of Chinese stock recovered big from 100-200% but LU still try to recover. Eventually it will and I think next earnings and outlook will tell.

Good luck, longs.

$Lufax(LU)$

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  • Kelvink73
    ·2023-01-10
    thanks for sharing
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    ·2023-01-20
    Agree
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    ·2023-01-10
    like
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    ·2023-01-10
    go
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    ·2023-01-10
    ok
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    ·2023-01-10
    👍
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    ·2023-01-10
    [Like]
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    K
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    👍🏽
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    hn
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    ·2023-01-10
    ok
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    ·2023-01-10
    Thank you
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    ·2023-01-10
    Ok
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    Ok
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    ·2023-01-10
    Ok
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