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Zuoli Kechuang Micro-finance Sells Connected Party Properties for RMB18.49 Million

Story Highlights
  • Zuoli Kechuang Micro-finance and its subsidiary are selling two Zhejiang properties to connected party Zuoli Holdings for RMB18.49 million.
  • The disposals are classified as connected transactions under Hong Kong listing rules, requiring disclosure but no independent shareholder approval.
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Zuoli Kechuang Micro-finance Sells Connected Party Properties for RMB18.49 Million

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The latest update is out from Zuoli Kechuang Micro-finance Co. Ltd. Class H ( (HK:6866) ).

Zuoli Kechuang Micro-finance Company Limited and its non-wholly owned subsidiary Jinhui Micro-finance have agreed to sell two office properties in Zhejiang Province to connected party Zuoli Holdings for a combined consideration of RMB18.49 million. The Hangzhou property, comprising three units in Xingqi Building with a total gross area of 642.12 square metres, will be transferred by 30 April 2026, with payment due within one month after registration.

On the same day, Jinhui Micro-finance entered into a separate agreement to dispose of a Deqing property to Zuoli Holdings, further optimizing the group’s asset portfolio through related-party transactions. As the buyer is an associate of the controlling shareholder, the disposals are classified as connected transactions under Hong Kong listing rules, triggering reporting, announcement and annual review obligations but exempting the company from circular issuance and independent shareholders’ approval, which limits procedural burdens while maintaining disclosure for investors.

The most recent analyst rating on (HK:6866) stock is a Hold with a HK$0.41 price target. To see the full list of analyst forecasts on Zuoli Kechuang Micro-finance Co. Ltd. Class H stock, see the HK:6866 Stock Forecast page.

More about Zuoli Kechuang Micro-finance Co. Ltd. Class H

Zuoli Kechuang Micro-finance Company Limited is a PRC-incorporated microfinance provider listed in Hong Kong, focusing on extending small-scale credit services. Through its subsidiaries, including Jinhui Micro-finance, the group operates in Zhejiang Province, serving local borrowers and leveraging property assets to support its financing activities.

Average Trading Volume: 354,150

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$430.7M

For detailed information about 6866 stock, go to TipRanks’ Stock Analysis page.

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