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Welcome to the Website of MCEX

For INSTITUTIONAL INVESTORS only

Important Information

By continuing to enter this website, you confirm that you have read and agree to the below legal terms, together with any additional terms and conditions that apply to individual pages within this website (together, the “Terms”). If you do not agree with these Terms or fail to comply with any of the Terms, you must leave and refrain from using any information from this website. This website (the “Website”) is operated by Micro Connect (Macao) Financial Assets Exchange Co., Ltd (“MCEX”), which was established and carries out its business in Macao pursuant to Executive Order No. 47/2022 announced by the Chief Executive of the Macao Special Administrative Region of the People’s Republic of China (“Macao”) on 5 December 2022. MCEX provides trading services for financial assets, with an aim of leveraging Macao as a hub to connect global capital with micro and small businesses using digital technology. This Website and any information contained herein has not been reviewed by the Monetary Authority of Macao or any other regulatory authority. This Website is intended only for institutional investors. Only institutional investors and professional investors could access to this Website. The distribution of information on this Website may be restricted by law in certain jurisdictions. This Website, and the information on this Website are not addressed to any person in any jurisdiction where (by reason of that person’s nationality, residence or otherwise) (a) MCEX or its affiliates would be subject to license or registration requirements of that jurisdiction, or (b) the publication or availability of the information is prohibited. By accessing to this Website, you represent that you are able to receive such information contained on this Website without contravention of any applicable legal or regulatory restrictions in the jurisdiction in which you reside or conduct business. The information on this Website is provided for information only, which has been prepared without taking into account any person’s financial situation, investment experience, investment objectives or needs. To the extent that this Website contains any information regarding the past performance, forecast, estimate or simulation of any investment or service, such information is not a reliable indicator of its future performance and should not be relied upon as a basis for an investment decision. Nothing contained on this Website constitutes, and nothing on this Website should be construed as an offer, a solicitation of offer or an investment advice or recommendation to transact in any investment and thus should not be relied upon in that regard. You should take independent financial advice from a professional, as this information on this Website should not be used as a basis for making investment decisions otherwise. The information on this Website is provided in good faith and reasonable care has been taken to ensure that such information is accurate, current and fit for its intended purpose. No representation or warranty of any kind regarding the accuracy, adequacy, validity, completeness or timeliness of the information on this Website or the error-free use of this Website is given and to the extent permitted by applicable laws, no liability is accepted for the accuracy or completeness of such information. You agree to assume the entire risk as to your use of the Website.

MCEX Market Accepted Protocol (MAP)

Micro Connect Macao Financial Assets Exchange (MCEX)

The first licensed global exchange for Daily Revenue Obligations (DROs)

MCEX is a financial institution approved by an executive order signed by the Chief Executive of Macau in December 2022 and regulated by the Monetary Authority of Macao. We connect institutional capital with micro and small businesses using proprietary market infrastructure and technology that collects and delivers daily revenue shares to global investors.

  • Direct cross-border access to daily revenue shares from quality micro and small businesses for global investors
  • Diversified and granular exposure to a broad spectrum of quality brick-and-mortar stores in China’s consumer economy
  • Flexibility for investors to construct and trade portfolios by selecting any given stores from any given periods of time
  • Accuracy, security and efficiency with a blockchain-enabled trading, clearing and settlement system

Daily Revenue Obligations (DROs)

  • DROs are “non-equity, non-debt” instruments tradable on MCEX and represent economic entitlements to the top-line revenue share of consumer stores in China
  • Daily cash flow collection and real-time access to daily revenue data through MCEX’s digital infrastructure

Daily Revenue Portfolios (DRPs)

  • DRPs are standardized products that are offered and traded on the exchange, representing economic entitlements to portfolios of DROs
  • Underlying DRO portfolio of each DRP are carefully constructed and distributed by qualified DRP issuers to entail tailored but well-diversified investment exposures
  • DRP allows investors to leverage sophisticated expertise in curating a portfolio and mirror the attractive risk-return profile of the underlying DRO assets
  • DRP, enabled by the underlying granularly labelled DROs, can provide targeted exposure according to sector, geographical region, issuers, or any combination of the above
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“Since our founding in 2021, we have successfully built a fully integrated platform to directly access the cash flows of China’s consumer economy, and established track record for the new asset class.”

Assets in Our Market

0B
Total Funds Raised (CNY)
0,494
Stores Funded
0
Cities
0
Brands

As of December 31, 2023
(1 CNY = 0.14 USD)