27.06.2013 - LME and HKEx plan to grab China's metal market
It's no secret that gaining access to China was the primary reason Hong Kong Exchanges & Clearing (HKEx) bought the London Metal Exchange, but the vision is a long way from reality. As is usual with these deals, the theory looks sound. Putting together the venerable LME with a dynamic Asian company on China's doorstep looks like a perfect recipe to enter the world's largest metals market, which so far has been largely closed to foreign traders and investors...............................................Full Article: Source
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