Lufax Q3 net loss more than triples year over year to RMB 1.49 billion

• Lufax’s third-quarter 2026 net loss more than tripled year over year to RMB 1.49 billion due to higher credit impairment losses and taxes.
• Total income fell year over year to RMB 6.18 billion, while credit impairment losses climbed 10% to RMB 4.51 billion.
• New consumer finance loans rose 25% year over year to RMB 39.7 billion, supporting overall new loan growth to RMB 58.3 billion.
• Management continued its selective customer strategy, exited certain high-risk customer segments and adjusted its post-loan collection approach.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lufax Holding Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610271830PR_NEWS_USPR_____CN81905) on October 27, 2026, and is solely responsible for the information contained therein.