The London Stock Exchange should think big and capitalise on its leading position as a centre for offshore yuan trading. Photo: EPA
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

The London Stock Exchange was wrong to reject Hong Kong’s US$36.6 billion offer. It needs to think bigger or risk being left behind

  • In rebuffing HKEX’s bid, the London Stock Exchange has failed to consider the role it could play as a funding centre for China’s belt and road. If Brexit happens and its position is diminished as a result, attitudes may well change

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The London Stock Exchange should think big and capitalise on its leading position as a centre for offshore yuan trading. Photo: EPA
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