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HKEx aims to establish spot commodity trading platform in China

Posted on 22 January 2016

Hong Kong Exchanges and Clearing Limited aims to explore creating a spot commodity trading and financing platform in China, said Charles Li, chief executive of HKEx, the parent company of London Metal Exchange, on Thursday.
“Actual trading of physical products is the foundation of a commodity exchange,” said Li, who was speaking at the HKEx’s Strategic Plan 2016-2018 presentation in Hong Kong. “We aim to develop and internationalise China’s commodity benchmarks, grounded in the physical market.”……………………………………….Full Article: Source


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