Floor traders at the London Metal Exchange (LME) on September 2 2015. HKEX spent £1.39 billion (US$2.2 billion/HK$16.7 billion) in a 2012 takeover of the world’s largest marketplace for metal contracts. Photo: EPA

Commodities, currency and technology are HKEX’s weapons as it morphs into a global financial marketplace

  • HKEX is betting that China will approve a scheme that lets global investors buy and sell ferrous, as well as precious metal contracts on Chinese exchanges via Hong Kong
  • Move comes after Hong Kong exchange operator announced plan to add currencies, fixed-income products and other financial derivatives to its offerings
Topic |   HKEX

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Floor traders at the London Metal Exchange (LME) on September 2 2015. HKEX spent £1.39 billion (US$2.2 billion/HK$16.7 billion) in a 2012 takeover of the world’s largest marketplace for metal contracts. Photo: EPA
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A ceremony at the Hong Kong Exchanges and Clearing Limited (HKEX) to usher in the first trading day of the Lunar New Year on February 8, 2019. Photo: Xinhua

Hong Kong exchange thinks it has a shot as world’s fundraising hub, tapping China’s trillions in savings. Does it?

  • In its three-year strategic plan, the HKEX is tapping a wider range of financial products to widen its lead over rival exchanges, and to transform from a regional course into a global financial market place
Topic |   HKEX

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A ceremony at the Hong Kong Exchanges and Clearing Limited (HKEX) to usher in the first trading day of the Lunar New Year on February 8, 2019. Photo: Xinhua
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