Micro Connect unveils financing standards

Micro Connect has released a set of financing standards for micro and small-sized enterprises.

The investment platform, founded by former Hong Kong Exchanges and Clearing (0388) chief executive Charles Li Xiaojia, said investors can reference the daily revenue sharing certificates listed on the Micro Connect Macao Financial Assets Exchange to estimate cash flow and risk.

Micro and small enterprises needing financing can determine the proportion and revenue they need to transfer to raise sufficient funds.

Launched in August 2023, MCEX is an internationally oriented income-sharing exchange based in Macau and serves clients globally. As of the end of last year, it had facilitated the financing worth nearly 4 billion yuan (HK$4.39 billion) for over 10,000 small and micro-stores.