Wealth investment app targets rich Singaporeans

A Ping An Group spinoff has launched an online platform aimed at wealthy Singaporean clients. China’s largest companies are developing business in Southeast Asian and other international markets using cutting-edge technology.

Leading Chinese wealth management group Shanghai Lujiazui International Financial Asset Exchange (Lufax) is owned by Ping An, China’s second-largest insurer.

The Lu Global mobile app is now being opened to Singapore-based clients with a minimum of US$1,000 to invest.

The platform offers 15 wealth management products from global financial institutions such as BlackRock, Pimco, and Schroders and will offer private investment products.


Don’t miss the latest future news

Subscribe and get a FREE Ebook