Micro Connect Exchange

 /APr24 /substitui texto que não foi publicado no SR de abril de 2024) “Macau will forever be irreversibly in the food chain of this financial innovation” By   José Carlos Matias EXCLUSIVE INTERVIEW By José Carlos Matias Photos by Wong Sio Kuan Connecting global capital with small businesses in mainland China through Macau. Micro Connect boss Charles Li, former HKEX chief, delves into the rationale, outcomes, and ambitious plans of innovative financial market MCEX One year after the official launch of the Micro Connect Macao Financial Assets Exchange (MCEX), Charles Li, former Chief Executive of the Hong Kong Exchanges and Clearing, shares his vision and aspirations in an exclusive interview with Macau Business, Business Intelligence, Macau News Agency, and MBTV. Sitting on the verge of what he describes as the ‘Amazon moment’ for financial services, Charles Li, founder and chairman of MCEX, explains the workings of the digital age-driven and enabled financial instru...

 Apr24 A batch of 20 Chinese mainland companies debuted on the Micro Connect (Macao) Financial Assets Exchange (MCEX) on Friday, helping these small and medium-sized enterprises to leverage overseas long-term capital, Gary Zhang, founder and CEO of Micro Connect, said on a listing ceremony held in Shanghai on Friday. The companies that successfully sought financing from the MCEX are mostly consumption SMEs based in East China. The total financing of the 20 companies was not disclosed. Defining itself as a platform linking global institutional investors with micro and small businesses across Chinese mainland, Micro Connect was established in 2021 and went operational in August 2023. Different from the traditional initial public offering in major stock exchanges, Micro Connect trades Daily Revenue Obligations (DRO), which represents rights to income of the SMEs. Funding is repaid through the daily tracked revenues via point of sale solutions and banking data. Companies trading at Mic...