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The latest update is out from Zuoli Kechuang Micro-finance Co. Ltd. Class H ( (HK:6866) ).
Zuoli Kechuang Micro-finance Co. Ltd. announced a change in the name and business scope of its non-wholly owned subsidiary, Xingyao Micro-finance, which will now operate as Hangzhou Qiyue Trading Co., Ltd. The subsidiary will exit the microfinance market to focus on trade brokerage, aligning with the Group’s strategy to prioritize risk control and stable operations amid challenging market conditions. This strategic shift is expected to reduce operating costs and reflects the Group’s decision to concentrate its micro-finance efforts on the Huzhou market through its main platform, Deqing Jinhui Micro-finance Company Limited.
More about Zuoli Kechuang Micro-finance Co. Ltd. Class H
Zuoli Kechuang Micro-finance Co. Ltd. is a company incorporated in the People’s Republic of China, primarily operating in the micro-finance industry. The company, along with its subsidiaries, focuses on providing microloans and consulting services for small business development, management, and finance within specific administrative areas.
Average Trading Volume: 341,361
Technical Sentiment Signal: Buy
Current Market Cap: HK$354M
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