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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Accounts Receivable, Net, Prepaid Expenses, Estimated Useful life of assets and impairment of long-lived assets (Details) - USD ($)
12 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Significant Accounting Policies [Line Items]    
Allowance for uncollectible balances amounted $ 65,335 $ 0
Allowance for unrealizable prepaid expenses 0 0
Impairment of Long-lived Assets $ 0 $ 0
Accounting software    
Significant Accounting Policies [Line Items]    
Estimated useful life 5 years  
Financial and news platform    
Significant Accounting Policies [Line Items]    
Estimated useful life 15 years  
Electronic equipment    
Significant Accounting Policies [Line Items]    
Estimated useful life 3 years  
Office furniture    
Significant Accounting Policies [Line Items]    
Estimated useful life 5 years