FINANCIAL SERVICES START-UPS SUCK UP Q2 INVESTMENT

2014/8/8

From：Macau Business

Official data show 1,454 companies were newly incorporated in the second quarter of this year, 308 more than a year earlier.

Their combined registered capital was MOP1.14 billion (US$142.79 million), 556.9 percent more than the combined capital of companies newly incorporated a year earlier.

The Statistics and Census Service attributes the increase in capital invested to greater investment in financial services companies.

Most companies newly incorporated were in wholesaling, retailing or business services.

The data show 130 companies with combined registered capital of MOP13 million were dissolved in the second quarter.

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