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Cover Story: Charles Li’s Micro Connect Sells New Financing Model to China’s Small Businesses

By Wang Xiaoqing, Wang Duan, Liu Ran and Denise Jia
2023年11月13日 03:53
Borrowers must pledge percentages of sales to repay debt

Wang Jianlin, founder of hair care chain Mr. Judy, operates more 300 salons across China. In 2021, when his business was hit by the pandemic and unable to get bank loans, he received his first funding from Micro Connect, a small business lender founded by former Hong Kong Stock Exchange chief Charles Li.

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责任编辑:Chuck | 版面编辑:喻竹杨洋

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