Zuoli Kechuang Unit Renames, Exits Microfinance to Focus on Trading

MT Newswires Live

Sep 15, 2025

Zuoli Kechuang Micro-finance Company (HKG:6866) said its 66%-owned unit, Hangzhou High-tech Zone (Binjiang) Xingyao Pu Hui Micro-finance, has changed its name and business scope, according to a Sept. 12 Hong Kong bourse filing.

Shares of the firm were down nearly 2% in Monday morning trade.

The subsidiary has been renamed Hangzhou Qiyue Trading and will now focus on trade brokerage. It previously operated microloan and consultancy services.

Zuoli said the change reflects a shareholder consensus to exit the microfinance market and gradually recover outstanding loans.

The move is aimed at reducing operating costs, the filing said.

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It previously operated microloan and consultancy services.</p><p>Zuoli said the change reflects a shareholder consensus to exit the microfinance market and gradually recover outstanding loans.</p><p>The move is aimed at reducing operating costs, the filing said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1188","symbol_name":"消费信贷","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2567194026","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2567194026","pubTimestamp":1757906432,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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