Hong Kong Exchanges and Clearing Limited (HK2C.F)
- Bloomberg
London Metal Exchange Mulls Adding Warehouse in Hong Kong
(Bloomberg) -- The London Metal Exchange is exploring whether to license a warehouse in Hong Kong as it seeks to strengthen services to clients in China — the world’s biggest metals market.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoSpaceX Tender Offer Said to Value Company at Record $210 BillionBolivia’s President Arce Swears in New Army Chief After Coup BidChina’s Finance Elite Face $400,000 Pay Cap, Bonus ClawbacksYouTuber Dr Disrespect Was Allegedly Kick
- Reuters
LME eyeing Hong Kong as a global warehouse location, says owner HKEX
HONG KONG (Reuters) -The London Metal Exchange (LME) is exploring the possibility of listing Hong Kong as an LME warehouse location, the chief executive of its owner said on Thursday, as the exchange looks to strengthen its global logistics footprint. Registering warehouses in China, the world's largest consumer of industrial metals, to store metal traded on the LME has been a strategic aim since Hong Kong Exchanges and Clearing (HKEX) bought the LME in 2012 for $2.2 billion. The exchange has recently said it is looking to expand its global warehouse network to add Saudi port Jeddah while Reuters reported in January it was also examining opening a warehouse location in Hong Kong.
- Bloomberg
Hong Kong Plans to Start Trading During Typhoons in September
(Bloomberg) -- Hong Kong plans to stop shutting the stock market during severe weather as soon as September to allow trading in such conditions like in other advanced economies, according to people familiar of the matter.Most Read from BloombergReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopVietnam Tycoon Sentenced to Death Faces New Charges: MediaBillionaire-Friendly Modi Humbled by Indians Who Make $4 a DayHong K
