An announcement from Lufax Holding Ltd Class A ( (HK:6623) ) is now available.
Lufax Holding Ltd announced a proposal to remove PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian LLP as their auditors, subject to approval at an extraordinary general meeting. This decision follows PwC’s concerns regarding possible related party transactions and the independence of the Audit Committee’s investigation into these matters. The change in auditors may lead to delays in the publication of the company’s 2024 annual results, impacting its financial reporting obligations in Hong Kong and the United States.
More about Lufax Holding Ltd Class A
YTD Price Performance: 12.11%
Average Trading Volume: 67,932
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: HK$19.1B
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