It is the first acquisition by the HKEX since its US$2.11 billion purchase of the London Metal Exchange in 2012. Photo: Bloomberg

Stock exchange operator HKEX buys Shenzhen-based fintech company to raise capabilities, compete with global rivals

  • Hong Kong Exchanges and Clearing has signed a letter of intent to buy a 51 per cent stake in Shenzhen Ronghui Tongjin Technology
  • HKEX is striving to upgrade its technology capabilities to compete with other bourses around the world
Topic |   HKEX

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It is the first acquisition by the HKEX since its US$2.11 billion purchase of the London Metal Exchange in 2012. Photo: Bloomberg
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