Charles Li Xiaojia, chief executive of HKEX, does not share the view that now is a bad time for the takeover attempt. Photo: Nora Tam

Why Hong Kong wanted the London Stock Exchange so badly, and how its decision to wait a year could cost it the deal

  • The decision to attempt a takeover of the UK exchange was made at a meeting of HKEX directors in September 2018, according to a source
  • Hong Kong was in a much stronger position to buy the LSE a year ago, given today’s economic uncertainty and the political crisis engulfing the city, say analysts
Topic |   Hong Kong Stock Exchange

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Charles Li Xiaojia, chief executive of HKEX, does not share the view that now is a bad time for the takeover attempt. Photo: Nora Tam
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Enoch Yiu

Enoch Yiu

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.