BEIJING, Jan. 23 (Xinhua) -- Shanghai Lujiazui International Financial Assets Exchange Co., Ltd. (Lufax), China's largest online wealth management platform, is seeking an IPO in Hong Kong in April, valued at 60 billion U.S. dollars，HK media reported recently.
Lufax planned to submit an IPO application in late January, according to the report.
Lufax will issue shares valued at 6 to 9 billion U.S. dollars in the IPO, equivalent to 10 to 15 percent of its estimated value.
The company raised capital of 1.2 billion U.S. dollars from investors in early 2016 and had an estimated value of 18.5 billion U.S. dollars then.
Headquartered in Shanghai, Lufax was founded by Ping An in 2011. (Edited by Yang Yifan, yangyifan@xinhua.org)
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