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Hong Kong wins race to buy London Metal Exchange
Telegraph – The HKEx, which has the Chinese government as its largest shareholder, beat off competition from the US-listed Intercontinental Exchange (ICE) in a closely fought battle. The takeover will provide a significant boost to the LME’s plans to expand in China if the deal is completed during the fourth quarter of the year, as anticipated. Read Article
Tags: Asia, debt wealth, Europe, financial system, North America
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