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HKEx may win LME with China card

Posted on 17 May 2012

A new owner for the London Metal Exchange could be announced soon, and Hong Kong’s stocks-focused bourse, one of the three remaining bidders, sees it as the quick entry it is seeking into the commodities business.
For the LME, picking Hong Kong Exchanges & Clearing Ltd. would give the 135-year-old member-owned exchange better access to China and its hunger for resources………………………………………..Full Article: Source

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VRS - who has written 34673 posts on Opalesque Commodities Briefing.


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