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Showing posts from December, 2023

officially started operation in August, 2023???

 dez23 The Micro Connect Macao Financial Assets Exchange (MCEX) officially started operation in August, becoming the world's first Daily Revenue Obligations (DRO) financial market . The exchange allows investors to directly invest in the large number of mainland small and micro firms through DRO and generate diversified steady returns. Several other licensed financial institutions also started operations.  https://english.news.cn/20231226/0ebe39f1cfe04b9db11545b43a495c87/c.html

Charles Li Explains His New Loan Model for Small Businesses. (Caixin)

 dez23 Q&A: Charles Li Explains His New Loan Model for Small Businesses.  Former  Hong Kong Stock Exchange  chief Charles Li's Micro Connect is selling a new loan model to small businesses in China . Borrowers, mostly chain retailers, pledge a percentage of their sales to repay their debt. https://www.caixinglobal.com/2023-12-15/qa-charles-li-explains-his-new-loan-model-for-small-businesses-102146548.html