US Stock Market Move | LUFAX(LU.US) rose another 5.68%, with a cumulative increase of nearly 20% in the past four trading days.

On Thursday, July 24, Eastern Time, the US stock market closed, with LUFAX (LU.US) stock price surging by 5.68% to close at $3.35, with a daily trading volume of $27.4358 million. LUFAX opened high and continued to rise, reaching a peak of $3.41, setting a new high in four months - previously it was $3.379 on March 17. This marks the fourth consecutive trading day of gains for LUFAX, with a cumulative increase of 19.6% in four trading days, nearly 20%. It is worth noting that the company has had active trading volume in the past two trading days, with trading volumes exceeding $20 million on both days. Today's trading volume of $27.4133 million is also a new high in the past three months. In terms of the market, influenced by Trump's desire for Powell to lower interest rates, the three major US stock indexes closed mixed, with the Dow falling by 0.7%, the S&P 500 rising by 0.07%, and the Nasdaq rising by 0.18%. Among them, the S&P 500 and Nasdaq continue to set new historical highs. Popular Chinese concept stocks closed mostly down, with the NASDAQ Golden Dragon China Index falling by 1.54%. Among them, ECARX Holdings, Inc. rose by nearly 18%, Yipeng Energy by about 10%, Waterdrop, Inc. ADR Class A rose by about 9%, MNSO rose by about 8%, and Daqo New Energy Corp Sponsored ADR rose by about 8%. The rise in stock prices may be due to factors such as the year-on-year increase in total new loans and stable asset quality. According to previous announcements, LUFAX's key data for 2025Q2 continued to improve. In terms of new loans, the empowering new loan total in the second quarter of 2025 was RMB 48.9 billion, an increase of 8.1% from RMB 45.2 billion in the same period in 2024. Consumer finance new loans performed well, reaching RMB 28.9 billion in the second quarter of 2025, a 30.6% increase compared to RMB 22.1 billion in the same period in 2024. At the same time, the number of cumulative borrowers also increased significantly, with approximately 27.8 million borrowers as of June 30, 2025, an increase of 19.9% from approximately 23.2 million borrowers as of June 30, 2024. Institutional data shows that LUFAX has continued to receive increasing holdings from institutions over the past three quarters, with institutional ownership increasing from 11.6% in 2024Q3 to 12.85% in 2025Q2.