Micro Connect eases investor access

 sete24

Micro Connect Macao Financial Assets Exchange is launching two initiatives to ease investments in small and micro businesses.

The investment platform co-founded by the former boss of Hong Kong Exchanges and Clearing (0388) Charles Li Xiaojia will simplify investment targets and also enable 'one-to-one' transactions that allow investors to invest in corporations for a certain period of time.

As of the end of August, more than 12,000 micro and small businesses have raised capital by listing their daily revenue obligations or DROs on MCEX, according to data on MCEX's website. DROs are "non-equity, non-debt" instruments tradable on MCEX.

The listed stores are located in 282 cities across 32 provinces in China, affiliated with 835 brands and platforms.

https://www.thestandard.com.hk/section-news/section/7/265817/Micro-Connect-eases-investor-access

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