XChange TEC.INC Announces Acquisition of Hong Kong Insurance Brokerage Firm to Expand Market Presence
SHANGHAI, April 4, 2025 /PRNewswire/ -- XChange TEC.INC (NASDAQ:XHG) (the "Company"), today announced the acquisition of a Hong Kong-based insurance brokerage firm licensed by the Hong Kong Insurance Authority. This transaction grants the Company direct access to Hong Kong's dynamic insurance market and paves the way for the Company to launch tailored insurance solutions for clients across China and international markets.
The acquisition marks a critical milestone in the Company's Asia-Pacific growth strategy. Hong Kong's insurance sector has demonstrated robust growth driven by rising demand from mainland Chinese clients and expatriates seeking international-standard wealth preservation to
