Three years after buying the London Metal Exchange, HKEx has seen little progress made in turning Hong Kong into a commodity trading centre. Photo: SCMP Pictures
Three years after buying the London Metal Exchange, HKEx has seen little progress made in turning Hong Kong into a commodity trading centre. Photo: SCMP Pictures

Little progress seen so far in turning Hong Kong into a commodity trading centre

Absence of physical delivery mechanism and liquidity shortage seen holding back city's ambitions to compete with LME

Three years after buying the London Metal Exchange, HKEx has seen little progress made in turning Hong Kong into a commodity trading centre. Photo: SCMP Pictures
Three years after buying the London Metal Exchange, HKEx has seen little progress made in turning Hong Kong into a commodity trading centre. Photo: SCMP Pictures
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