Lufax (LU) Q2 FY26 earnings call

Lufax returned to a normal reporting cadence after two years, highlighting improved governance and internal controls. Despite a challenging macro and regulatory environment impacting profitability and SBO loan balances, the company saw new loan growth driven by consumer finance and sequential improvements in asset quality. Lufax is focusing on a selective customer strategy and AI-powered operations to navigate near-term pressures and build a sustainable, high-quality growth path, while actively working to resolve the Hong Kong trading suspension.