Micro Connect Exchange

 out23 October 30, 2023 Share Micro Connect Group has deemed that Micro  Connect  (Macao) Financial Assets Exchange (“MCEX”) Shariah-compliant products are allowed to offer Shariah-compliant products on the platform. These products will be Shariah-compliant products offered in East Asia, further strengthening MCEX’s appeal to Islamic investors. The certification recognises that Micro Connect’s revenue-sharing products are in line with  Islamic law,  including being non-interest-bearing, and approves the company’s Shariah-compliant screening methodology. Being certified as Shariah-compliant enables MCEX to expand its membership landscape, opening the doors to Islamic investors looking to invest in the cash flows of China’s micro and small businesses. MCEX members will be able to invest in Shariah-compliant DRPs (“Daily Revenue Portfolios”), baskets of Daily Revenue Obligations (DROs), and receive daily revenue shares of China’s Shariah-compliant small businesses....

 out23 He also highlighted its role in facilitating Macao’s novel   Micro Connect Macao Financial Assets Exchange  (MCEX), which connects small and micro businesses in mainland China with global investors and leading industry partners via a fintech platform. https://macaonews.org/business/macau-bri-macao-belt-road-initiative/

 out23 (analise global) Los empresarios chinos pueden estar especialmente deseosos de utilizar el plan ahora. Los bancos están examinando más de cerca los préstamos debido a las dificultades de la economía, por lo que las empresas están buscando capital en otros lugares. Muchos están recurriendo a entidades ajenas al sistema bancario, conocidas como “prestamistas en la sombra”, de las cuales China Beige Book, una firma de datos, dice que el endeudamiento está en niveles casi récord como proporción del préstamo total. Esto ayuda a explicar por qué las empresas más pequeñas de China están interesadas. Si estos son los tipos de negocios en los que los inversores extranjeros quieren invertir es otra cuestión completamente distinta. https://pedroluismartinolivares.com/eco-socialmente-hablando/los-dro-nuevo-modelo-de-inversion-en-macao/

 set23 Bank of China Macau Branch has announced a loan project with Micro Connect Group that is worth some RMB210 million (MOP235.8 million/ US$29 million). In a recent announcement, the bank said that the offshore loan served to push for the internationalisation of the Chinese renminbi. The project also built on a strategic partnership between the two parties reached in December last year, under which both sides’ cooperation has extended to the group’s settlement system and payroll. It was said then that the partnership would integrate the strengths of the bank’s “traditional commercial banking offerings” and Micro Connect’s “innovative financing model” to provide a new financial ecosystem that would support the growth of small and micro-sized businesses in China. Micro Connect is an asset exchange that allows global investors to fund businesses high-flyers in China. According to the marketplace operator, it has collaborated with more than 170 brands and chains to invest in nearly...

 sete23 Micro Connect Group has made its initial investment in Macau by providing funding to Hao Yue Catering Group Company, making it the first local business to secure their financial support. The investment was formalised through an agreement-signing ceremony held on Wednesday, specifically for the ‘Joy’ restaurant, which is owned by Hao Yue. Gary Zhang, founder and CEO of the group which operates the Micro Connect Macao Financial Assets Exchange, or simply known as MCEX, told media that the group’s entry into Macau signifies the “international feasibility and replicability” of their financing model – a revenue-sharing system that based on daily revenue obligations. “With our investment debut in Macau, we hope to improve the digitalisation level of Macau’s consumer industry, facilitating the deep integration of the digital and physical economy, and driving the digital revolution of the Macao economy,” Zhang said. In August, Micro Connect managed to raise  US$458 million (MO...

Micro Connect's Li on Investment Sentiment in China Bloomberg Markets TV Shows August 9th, 2023, 5:28 AM GMT+0100 Charles Li, Founder & Chairman at Micro Connect Group, tells Rishaad Salamat, David Ingles and Yvonne Man that investments in China's small businesses remain resilient. He speaks on "Bloomberg Markets Asia" from the "DBS Greater Bay Area Conference 2023". (Source: Bloomberg) https://www.bloomberg.com/news/videos/2023-08-09/micro-connect-s-li-on-investment-sentiment-in-china-video 

 aug23 Hong Kong based FinTech platform Micro Connect raises $458m in Series C funding By Gloria Mathias August 03, 2023 Share Micro Connect, a Hongkong-based FinTech  platform ,  has announced that it has completed a capital raise of $458 million in its Series C funding round, with broad-based participation from a diverse group of new and existing investors. The funding round witnessed investors from Europe, North America, the Middle East, and Greater China, including leading long-only investment managers, private equity and venture funds, university endowments, internet platforms, and consumer retail groups. Micro Connect (Macao) Financial Assets Exchange (MCEX), a licensed global exchange for DROs and related products, is scheduled to launch in August. The shareholder base and the new capital raised will support Micro Connect’s effort to enhance MCEX’s market structure and develop the world’s largest  financial  market for micro and small business investment....