Investors React to Lufax's Strategy of Reducing Loan Portfolio for Higher-Quality Borrowers
Monday, 25 March 2024, 17:10
Lufax's Strategic Shift
Lufax has opted to reduce the size of its loan portfolio by 45% last year and plans for an additional 32% cut this year. The company is targeting higher-quality borrowers to enhance its loan portfolio.
Investor Skepticism
Despite the substantial dividend increase, investors remain unconvinced about Lufax's strategy. The focus on higher-quality borrowers has raised concerns about the potential impact on the company's performance and market reception.
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