(tradução do chinês) Li Xiaojia’s Drip Connect ASX, announced the rules of the exchange yesterday, and can apply for chain brand stores with 10 stores or annual revenue exceeding 5 million Li Xiaojia’s Drip Connect ASX, announced the rules of the exchange yesterday, and can apply for chain brand stores with 10 stores or annual revenue exceeding 5 million Sina Finance APP shrink font enlarge font collect Weibo WeChat share Source: Ryan Capital Micro Connect Macao Financial Assets Exchange ( MCEX or MCEX for short ) was officially put into trial operation in Macau on March 25. 'Diguantong ASX' officially released the exchange rules of Diguantong (Macau) Financial Assets Exchange Co., Ltd. yesterday ( April 18) . Exchange ("Drip ASX") Rules (Trial Implementation ) is less than a month away. DRO (Daily Revenue Obligation) refers to ...
jan24 Micro Connect has unveiled another major component of its pet project designed to raise global capital for small and medium-sized businesses in mainland China. Under the initial arrangements made for the Micro Connect Macao Financial Assets Exchange, the MCEX Market Accepted Protocol (MAP), as announced at a press conference on Tuesday, is devised to correspond to the Daily Revenue Contract (DRC) or Daily Revenue Obligation (DRO). According to the company, a daily refreshable and publishable MAP, similar to the set of rules widely known as generally accepted accounting principles, provides a comprehensive overview of key static information linked to a DRC. The information includes details such as the contract’s geographical region, industry classification, listing date, anticipated collection amount, and contract duration. In addition, the MAP also serves as a standardised communication framework for data preparation and disclosure, regardless of the business’s geographic lo...
6/2/24 Micro Connect has announced that it has received support from HSBC Holdings for a loan facility worth US$200 million (MOP1.6 billion). In an announcement made on Monday, the company stated that HSBC would initially provide US$50 million in credit under the asset-backed loan facility. This is not the first time HSBC has provided financial support for Micro Connect, which operates a marketplace to raise global capital for small and medium-sized businesses in mainland China. In December 2022, HSBC arranged a loan of up to US$25 million for Micro Connect, becoming the first bank to do so. Charles Li, the founder of Micro Connect, expressed delight in continuing the collaboration with HSBC as a long-term financing partner. “This new facility is crucial for expanding our business model in China and beyond, as well as helping us transform into a fully disinterested operator of MCEX.” https://www.macaubusiness.com/micro-connect-secures-us200-mln-loan-facility-from-hsbc/ 8/8/23 Financia...
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