Ops HK

On September 26, Micro Connect (Macao) Financial Assets Exchange (“MCEX”) launched its new market operating structure, the Micro Star. MCEX also introduced the full framework of rules and guidelines governing the Micro Star system and showcased the first batch of listed market vehicles.

MCEX is dedicated to creating a market-driven, open-source exchange platform for the issuance and trading of DROs. Since launching its Market Accepted Protocol (MAP) on January 16, 2024, the platform has actively harnessed the strengths of intermediaries, brands, investors, and various market participants to support funding for micro and small businesses. Over the upcoming weeks,…

Two e-commerce stores (one Douyin flagship store and one Tmall flagship store) under the new generation trendy sports water bottle brand BOTTLED JOY (Brand Code: DDDD), successfully raised RMB 2 million by listing two Daily Revenue Obligations (DRO) with an average contract period of 180 days on MCEX.

One e-commerce store (a Douyin flagship store) under NARMER.VEG (brand code: NAVE), a DTC personal care brand, successfully raised RMB 1 million by listing one Daily Revenue Obligation (DRO) with an average contract period of 180 days on MCEX.