BY JEFFREY NG AND FIONA LAW
HONG KONG?Hong Kong Exchanges & Clearing Ltd. said it has formed a joint venture with China's Shanghai and Shenzhen stock exchanges to develop index-linked and equity derivative products, its latest move to integrate with the mainland's burgeoning markets.
The news comes as the Hong Kong exchange moves closer to buying the London Metal Exchange for ?1.39 billion ($2.16 billion), which would give the city's stock exchange instant entry into commodities trading as China's appetite for metals grows.
Hong Kong Exchanges has been seeking to expand its status as China's international bourse, diversifying beyond stock trading and initial public offerings in ...
BY JEFFREY NG AND FIONA LAW
HONG KONG?Hong Kong Exchanges & Clearing Ltd. said it has formed a joint venture with China's Shanghai and Shenzhen stock exchanges to develop index-linked and equity derivative products, its latest move to integrate with the mainland's burgeoning markets.
The news comes as the Hong Kong exchange moves closer to buying the London Metal Exchange for ?1.39 billion ($2.16 billion), which would give the city's stock exchange instant entry into commodities trading as China's appetite for metals grows.
Hong Kong Exchanges has been seeking to expand its status as China's international bourse, diversifying beyond stock trading and initial public offerings in ...
Source: http://online.wsj.com/article/SB10001424052702304058404577494424213922542.html?mod=asia_home
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