How Fintech Is Changing Business

The video discusses Lufax, China's largest peer-to-peer lender, and its global expansion plans, particularly into Singapore and Hong Kong. It addresses the challenges posed by protectionism and regulatory hurdles in mature markets. The video also covers the consolidation trends in China's fintech industry and Lufax's readiness for an IPO, contingent on favorable market conditions.

What steps is Lufax taking to adapt to the regulatory environment in Singapore and Hong Kong?

What is the current state of consolidation in the fintech industry in China as described by the CEO?