Hong Kong Exchange’s China Ties May Backfire in LSE Quest
Hong Kong firm, which bought LME in 2012, faces skepticism
Beijing’s role in the city’s affairs getting more scrutiny
HKEX’s Bid for LSE Raises Questions About Governance StructureBloomberg News
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When Hong Kong Exchanges & Clearing Ltd. bought the London Metal Exchange in 2012, the access it offered to the Chinese market was a big plus.
But with questions mounting over Beijing’s role in Hong Kong affairs, those ties now represent a threat to HKEX’s 29.6 billion-pound ($36.6 billion) bid for the London Stock Exchange Group Plc.