Smaller Chinese retailers looking to grow have raised $143 million through Micro Connect in less than a year

Li blames the job cuts on management’s failure to control the pace of investment and over-hiring

A securities regulator is expelled from the party and public office. China fines KFC and other businesses for rejecting cash payments. Plus, more about Charles Li’s Micro Connect

Chinese banker and former CEO of the Hong Kong Stock Exchange says he welcomes regulation of his Micro Connect venture

Borrowers must pledge percentages of sales to repay debt

Micro Connect is aimed at helping China’s micro and small businesses raise funds from global investors

Micro Connect is aimed at helping China’s micro and small businesses raise funds from global investors

New financial assets platform will offer global investors access to China’s micro and small businesses, which will benefit from more financing