Micro Connect Exchange

  December 14, 2022 MNA Macau Micro Connect inks partnership with Bank of China Macau By   Nelson Moura Micro Connect has signed a strategic partnership agreement with Bank of China Macau Branch (BOCM) to leverage the bank’s commercial banking offerings in support of its new SME exchange project in the SAR. Earlier this week, the local government announced that the Micro Connect (Macau) Financial Assets Exchange had been given the greenlight to run an asset exchange marketplace where global investors can buy equity-like products to finance offline enterprises in China in exchange for a share of their daily revenue. According to the announcement, BOCM will leverage its network across Macau and Mainland China and a full suite of banking services to better support Micro Connect’s mission to connect global capital with micro and small businesses in China. In the statement, the Deputy General Manager of BOCM, Cai Chunyan, the micro and small business investment model of Micro ...

  Micro Connect Receives Approval to Establish Micro Connect (Macao) Financial Assets Exchange in Macao SAR Micro Connect 2022-12-05 18:14    1509 Share:           HONG KONG ,  Dec. 5, 2022  /PRNewswire/ -- Micro Connect is pleased to announce that it has received the authorization to establish and operate Micro Connect ( Macao ) Financial Assets Exchange Co., Ltd. ("Micro Connect Exchange" or the "Exchange") in the Macao Special Administrative Region (the "Macao SAR") for services related to the trading of financial assets, according to the  Executive Order No.  47/2022 signed by the Chief Executive of the Macao SAR on  November 30, 2022 . Micro Connect focuses on the development of a new financial market platform to offer global investors unprecedented access to  China's  real economy with a new asset class – Daily Revenue Contract Certificates, or "DRCCs". DRCCs represent entitlements to daily revenue sha...