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After spurned play for LSE, Hong Kong bourse to seek deeper China embrace

After spurned play for LSE, Hong Kong bourse to seek deeper China embrace

HONG KONG (Reuters) - Hong Kong stock exchange boss Charles Li ignited his unrequited overture to the London Stock Exchange with a riff on Romeo and Juliet as a corporate romance, and doused it in a wistful blog reference to the author of ‘Alice in Wonderland’. After this week dropping the shock $39 billion approach, will Chief Executive Li’s next

Hong Kong bourse pulls plug on $39 billion play for London Stock Exchange

Hong Kong bourse pulls plug on $39 billion play for London Stock Exchange

HONG KONG (Reuters) - Hong Kong’s bourse on Tuesday scrapped its unsolicited $39 billion approach for London Stock Exchange Group (LSE) ( LSE.L ) after failing to convince LSE management to back a move that could have transformed both global financial services giants. Last month’s surprise cash-and-shares approach threatened to upend the LSE’s $27

Timeline: LSE - A story of failed mega-mergers

Timeline: LSE - A story of failed mega-mergers

(Reuters) - Hong Kong Exchanges and Clearing ( 0388.HK ) (HKEX) has scrapped its unsolicited $39 billion approach for London Stock Exchange Group ( LSE.L ) after failing to convince LSE management to back a move that would have transformed both financial services giants. HKEX’s offer was the latest attempt at an exchange mega-merger after multiple

Hong Kong abandons bid for London Stock Exchange - live updates

Hong Kong abandons bid for London Stock Exchange - live updates

Hong Kong bourse scraps £32bn bid for London Stock Exchange Tories risk trashing their reputation for competence with Corbynesque spending spree, IFS warns European stocks push higher despite gloomy German economic data Wall Street finishes in the red, Asia edges higher Matthew Lynn: This decade has been pretty average for investment returns – but

Hong Kong Stock Exchange Pulls Bid For London Counterpart

Hong Kong Stock Exchange Pulls Bid For London Counterpart

Hong Kong Stock Exchange (HKEX) dropped its bid to take over its London rival, the company said in a press release . On 11 September, HKEX shocked the global financial architecture by proposing a $36.4 billion takeover of the London Stock Exchange, which would expand the platform across multiple regions and currencies, potentially rivalling Bloomberg