Lufax Holding Ltd, a leading financial services company, has successfully regained compliance with the New York Stock Exchange's (NYSE) minimum price requirement for continued listing. The company had previously received a notification from the NYSE on November 30, 2023, indicating that it was not in compliance due to its American depositary shares (ADSs) trading below the $1.00 threshold for a consecutive 30-day period. To address this, Lufax adjusted the ratio of its ADSs on December 15, 2023, effectively increasing the share price. As of February 1, 2024, Lufax received confirmation from the NYSE that it had achieved compliance after its ADSs' average closing price exceeded $1.00 over a new 30-day trading period ending January 31, 2024. With this development, Lufax is no longer subject to the minimum price standard concerns.

Lufax Holding Ltd, a leading financial services company, has successfully regained compliance with the New York Stock Exchange's (NYSE) minimum price requirement for continued listing. The company had previously received a notification from the NYSE on November 30, 2023, indicating that it was not in compliance due to its American depositary shares (ADSs) trading below the $1.00 threshold for a consecutive 30-day period. To address this, Lufax adjusted the ratio of its ADSs on December 15, 2023, effectively increasing the share price. As of February 1, 2024, Lufax received confirmation from the NYSE that it had achieved compliance after its ADSs' average closing price exceeded $1.00 over a new 30-day trading period ending January 31, 2024. With this development, Lufax is no longer subject to the minimum price standard concerns.