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Zuoli Kechuang Announces New Share Charge Arrangement

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Zuoli Kechuang Micro-finance Co. Ltd. Class H ( (HK:6866) ) has shared an update.

Zuoli Kechuang Micro-finance Company Limited announced the release of a previous share charge and the establishment of a new share charge involving 322,540,960 domestic shares, representing 27.33% of the company’s total issued share capital. This new share charge, held by substantial shareholder Deqing Puhua Energy Company Limited in favor of Zhegu (Hangzhou) Corporate Management Company Limited, is not intended to secure the company’s debts or obligations, indicating a strategic financial maneuver that may impact stakeholder interests and the company’s market positioning.

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

Zuoli Kechuang Micro-finance Company Limited is a joint stock company incorporated in the People’s Republic of China, operating within the micro-finance industry. The company focuses on providing financial services and products, with a market presence in Hong Kong as indicated by its listing on the Hong Kong Stock Exchange.

YTD Price Performance: 5.17%

Average Trading Volume: 231,209

Technical Sentiment Signal: Sell

Current Market Cap: HK$359.9M

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

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