Hong Kong Exchange in Venture Talks With Shanghai, Shenzhen
This article is for subscribers only.
Hong Kong Exchanges & Clearing Ltd., the most valuable exchange company, said it’s in venture talks with China’s two stock exchanges a day after Vice Premier Li Keqiang unveiled plans to boost cross-border investment.
The company is discussing the development of new indexes and other derivative products with the Shanghai and Shenzhen bourses, Hong Kong Exchanges said in a statement today. The venture may be based in the former British colony, it said.