25.05.2015 - Hong Kong’s bold, but uncertain pitch for China commodity trade
Imagine a world where global investors can access Chinese commodities markets through established global exchanges and Chinese investors can trade through their local bourses. It’s more than just an attractive proposition, it’s the great hope for finally integrating the world’s largest commodity producer, consumer and importer with the rest of the world. It’s also the prize being sought by Charles Li, the chief executive of Hong Kong Exchanges and Clearing (HKEx), which bought the venerable London Metal Exchange (LME). But there is a long way to travel before the dream becomes a reality, and there is always the danger that the market will have moved on by the time HKEx manages to pull something together...............................................Full Article: Source
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