Lufax Holding Ltd vs T Rowe Price Group Inc — how do they compare? Lufax Holding Ltd trades at $1.4 (market cap $2.41B), while T Rowe Price Group Inc trades at $115.59 (market cap $25.14B). The key difference: T Rowe Price Group Inc is far larger — about 10.4× Lufax Holding Ltd's market cap, and T Rowe Price Group Inc pays a 4.43% dividend while Lufax Holding Ltd pays none. Which is the better fit depends on your goals.
| LU | TROW | |
|---|---|---|
Market Cap | $2.41B | $25.14B |
Sector | Technology | Financials |
52-Week High | $4.40 | $120.16 |
52-Week Low | $1.23 | $86.19 |
Enterprise Value | — | $21.85B |
Dividend Yield | — | 4.43% |
Trailing returns across standard periods
Lufax Holding Ltd is a leading financial technology (fintech) platform in China. The company operates a technology-driven personal financial services platform that offers a wide range of loans and wealth management products to its users. Lufax primarily serves the rapidly growing wealth and consumption needs of China’s mass affluent and affluent populations through a combination of its digital platform and an extensive offline network.
Read more on LU →T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of August 2022, the firm had $1.339 trillion in managed assets, composed of equity (54%), balanced (30%), fixed-income (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 10% of its AUM from overseas.
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