The entry of a wealth management unit of Ping An Insurance, mainland China's largest insurer, promises to ignite a price war in Hong Kong's financial market.Lu International (Hong Kong), a ...

PING An Group's Lu International on Thursday launched its online wealth management platform, Lu Global, for accredited investors in Singapore as well as investors in Asia, with an aim to grow its ...

Lu’s entry will widen a price war in Hong Kong’s financial market. Some stockbrokers such as Futu Securities and Bright Smart Securities already charge a zero commission rate, while ...