20.06.2012 - Hong Kong Exchanges' bid for LME will give China more power in global commodity trading

Last week’s bid by the Hong Kong Exchanges (HKE) for the London Metal Exchange (LME) flew under the radar, but its underlying importance is paramount. In the most expensive bid ever for an exchange, HKE is looking to acquire the world’s largest metals market place for more than $2 billion, shifting the global hub for metals trading to the East...............................................Full Article: Source

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