Li Xiaojia: It is expected that the new system of drip irrigation through the Australian Securities Exchange will make the structure of small and micro markets more convenient and cost-effective in the future.
The new system is for digital asset products, rather than entities organized under traditional company law, securities law, and fund law, with the expectation of making the structure of small and micro markets more flexible and cost-effective in the future.
Former CEO of the Hong Kong Stock Exchange, founder and chairman of Drip Irrigation Group and Drip Irrigation Australia Exchange, Charles Li Xiaojia, said that the new system of Drip Irrigation Australia Exchange has been licensed for two years and has been operational for nearly a year. The new system is a digital carrier product, rather than an entity company or fund organized under traditional corporate, securities, and fund laws. It is expected to make the small and micro market structure more convenient and cost-effective in the future. The exchange is a fully digital market, using high-frequency dividends, precise disclosures, and practical thresholds to protect investors. Listed companies are required to pay dividends on almost all of their income at a frequency of no less than monthly.
Li Xiaojia said that railways and private cars have been around for a hundred years, just like banks and stock markets in the financial market. However, there is still a gap in life between the two, like buses. The emergence of the new system of Drip Irrigation Australia Exchange is filling this gap in the financial market and providing businesses with "bus" trading.
He pointed out that trains, like banks, are not flexible for a company, with more restrictions and a safe but stable return. In contrast, private cars, like the stock market, involve greater risks for companies and the return is not stable. The appearance of the new system of Drip Irrigation Australia Exchange provides a new choice for businesses between the two traditional markets.
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