Lufax reports Q3 2026 net loss of RMB1.49B amid higher credit losses and cautious growth.

Lufax Holding Ltd posted a net loss of RMB1.49 billion in Q3 2026, up from RMB380 million a year earlier, driven by increased credit impairment losses and higher income tax expenses. Total income slightly declined by 4.6% to RMB6.18 billion, while new consumer finance loans grew 25.2%, supporting overall loan growth. The company maintained a cautious approach by exiting high-risk segments and improving delinquency rates, aiming for quality growth despite challenging conditions. Lufax plans to focus on sustainable long-term value creation for shareholders amid ongoing market uncertainties.

Following Lufax's report of a widened net loss in Q3 2026, the stock shows resilience on Pluang with a slight gain of 0.35% as of Oct 28, 2026 05:41 WIB. LU trades at USD 8.51, near its 52-week low of USD 8.08, and maintains a market cap of $1.04 billion. Investor interest remains strong with 100% buy orders and a typical hold time of 16 days on the platform.