Drip Capital, Led by Charles Li, Eyes Hong Kong IPO
1 day ago / Read about 0 minute
Author:小编   

Drip Capital International Investment Limited, a venture founded by Charles Li, the former CEO of Hong Kong Exchanges and Clearing Limited (HKEX), has officially submitted an application for listing on the Main Board of the HKEX, with HSBC serving as the exclusive sponsor. Positioning itself as an exchange group centered around a revenue-sharing model, the company harnesses blockchain technology and fintech advancements to bridge the gap between global capital and small-to-medium-sized enterprises (SMEs) in China, offering financing solutions that avoid equity dilution. Its core business revolves around revenue sharing from investments in SMEs, which inherently entails uncertainties in investment returns and operational risks. Furthermore, Charles Li maintains control over the company's equity through various funds and employs incentive mechanisms aimed at bolstering team performance.