Chinese online financial services platform Shanghai Lujiazui International Financial Asset Exchange Co. Ltd., also known as Lufax, has completed US$1.216 billion new round of financing at a post-money valuation of US$18.5 billion, according to a company announcement (in Chinese). Investors in the round include Bank of China Group Investment Limited, Guotai Junan Securities (HK) Ltd. […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.