Reported 1 day ago
Lufax Holding Ltd. (NYSE:LU) has seen its stock rise for four consecutive days, gaining 5.68% to close at $3.35 due to positive investor sentiment stemming from its strategy to offload non-performing loans. The company recently sold 469 million yuan worth of non-performing debts for 36.44 million yuan, reducing its credit risk and outstanding loans significantly. While the stock has shown promise, there are suggestions that certain AI stocks may offer better investment opportunities.
Source: YAHOO