Sign in

    Judy Zhang • Citigroup Inc.

    Judy Zhang's questions to Lufax Holding Ltd (LU) leadership

    Judy Zhang's questions to Lufax Holding Ltd (LU) leadership • Q3 2024

    Question

    Judy Zhang of Citigroup Inc. requested more details on Lufax's recent asset quality performance, delinquency trends since Q3, and any plans for shareholder returns like a special dividend.

    Answer

    Chairman and CEO Y.S. Cho reported that asset quality was stable in Q3, with the Puhui loan C-M3 flow rate at 0.9% and the consumer finance NPL ratio improving to 1.2%. He expressed confidence in future improvements. Regarding shareholder returns, Mr. Cho stated there are no new specific plans following the recent special dividend, but management remains committed to exploring all options to deliver long-term value.

    Ask Fintool Equity Research AI

    Judy Zhang's questions to UP Fintech Holding Ltd (TIGR) leadership

    Judy Zhang's questions to UP Fintech Holding Ltd (TIGR) leadership • Q2 2024

    Question

    Judy Zhang from Citi inquired about the progress of UP Fintech's Hong Kong business, covering both traditional brokerage and the new virtual asset trading for retail investors, including plans for pricing and customer acquisition. She also asked for an update on the wealth management business, its current scale, and product offerings.

    Answer

    CEO Tianhua Wu highlighted strong progress in Hong Kong, noting high client ARPU and a doubling of client assets quarter-over-quarter. He also mentioned the successful launch of retail crypto trading with a competitive 'zero commission, zero platform fee' pricing strategy. An executive added that the wealth management business saw assets and users grow over 20% QoQ, with product upgrades like T+0 settlement for the Tiger Vault product to enhance user experience.

    Ask Fintool Equity Research AI

    Judy Zhang's questions to OneConnect Financial Technology Co Ltd (OCFT) leadership

    Judy Zhang's questions to OneConnect Financial Technology Co Ltd (OCFT) leadership • Q2 2024

    Question

    Judy Zhang of Citigroup inquired about OneConnect's potential dividend payout plans following its first-half profitability and asked for an update on its overseas business strategy and revenue growth targets for the year.

    Answer

    CFO Yongtao Luo responded to the dividend question, stating that while achieving profitability was a significant milestone, the company is prioritizing reinvestment for sustainable growth in third-party revenue, R&D, and overseas expansion. Chairman and CEO Chong Feng Shen addressed the overseas business, expressing confidence in achieving double-digit revenue growth. He outlined a strategy focused on markets like Southeast Asia, Hong Kong, and the Middle East, with key product exports including the smart credit lending system and omnichannel insurance solutions.

    Ask Fintool Equity Research AI