On the Record · Lufax Holding
Lufax Holding acquisitions, on the record
The businesses Lufax Holding bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
virtual bank in Hong Kong (PAOB, 100% of share capital)Word for word“Pursuant to the share purchase agreement, OneConnect conditionally agreed to sell, and we conditionally agreed to acquire, 100% of PAOB’s share capital for a consideration of HK$933 million (US$131 million) in cash, subject to the terms and conditions of the share purchase agreement.” 20-F for 2023 | agreed acquisition | — | HK$933 million (US$131 million) |
retail credit and enablement business from Ping An InsuranceWord for word“In October 2015, in connection with our acquisition of the retail credit and enablement business from Ping An Insurance, we issued convertible promissory notes in a total principal amount of US$1,953.8 million to China Ping An Insurance Overseas (Holdings) Limited, and subsequently China Ping An Insurance Overseas (Holdings) Limited agreed to transfer US$937.8 million of the outstanding principal amount of the convertible promissory notes and all rights, benefits and interests attached thereunder to An Ke Technology Company Limited.” 20-F for 2023 | acquisition | In October 2015 | — |
Ping An OneConnect Bank (Hong Kong) LimitedWord for word“On April 2, 2024, we acquired a 100% equity interest in Ping An OneConnect Bank (Hong Kong) Limited from OneConnect Financial Technology Co.,” 20-F for 2024 | acquisition | April 2, 2024 | — |
nationwide microloan license (small lending license)Word for word“In addition, we acquired a nationwide microloan license—also commonly known as a small lending license—in July 2024 and began providing new loans under this license in August 2024.” 20-F for 2024 | acquisition | July 2024 | — |
retail credit and enablement businessWord for word“In May 2016, we acquired our retail credit and enablement business from Ping An Group.” 20-F for 2024 | acquisition | May 2016 | — |
Ping An Digital Bank (International) Limited (formerly known as PAO Bank Limited)Word for word“On April 2, 2024, we acquired a 100% equity interest in Ping An Digital Bank (International) Limited (formerly known as PAO Bank Limited) from OneConnect Financial Technology Co., Ltd. for HK$933 million (US$131 million) in cash.” 20-F for 2025 | acquisition | On April 2, 2024 | HK$933 million (US$131 million) in cash |
retail credit and enablement business from Ping An GroupWord for word“In May 2016, we acquired our retail credit and enablement business from Ping An Group.” 20-F for 2025 | acquisition | In May 2016 | — |
Read from Lufax Holding’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-30. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.