Micro Connect returns RMB3.2 bln to investors in 2025

 ab26

Micro Connect last year distributed over RMB3.2 billion (US$0.47 billion/MOP3.78 billion) in revenue shares to investors, government information shows.

According to a Wednesday gazette announcement, the investment platform, Micro Connect (Macao) Financial Assets Exchange in full and designed to pool funds for small businesses in mainland China, last year lifted its cumulative issuance volume to RMB4.767 billion, issuing more than 13,606 revenue based obligations via the marketplace.

It came as Micro Connect reported a sizeable drop of 28.7 per cent in consolidated 2025 spending from a year earlier.

Helmed by Charles Li, former CEO of Hong Kong Exchanges and Clearing, Micro Connect introduced the Micro Start initiative in September 2024, which the operators of the revenue-sharing platform said helped propel listings and funding amounts.

The increased momentum came from two major drivers: special purpose vehicles and special purpose acquisition companies.

Covering those from Macau, Hong Kong, and mainland China, SPVs led to the raising of RMB166 million in funding.  

SPACs numbered 104, with initiators including investment fund managers, brokerages, revenue-based financers, and industry investors. A combined funding contribution of RMB84.19 million came from them.

However, Micro Connect, officially launched two years and five months ago, ended the year 2025 with a top-line revenue of MOP21.74 million, a year-over-year fall of 27.8 per cent.

https://macaubusiness.com/micro-connect-returns-rmb3-2-bln-to-investors/

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