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China: Hong Kong Exchange eyes LSE/Deutsche Boerse talks

By  |  March 2, 2016

The chief executive of Hong Kong’s stock exchange has said he is keeping a close eye on Deutsche Boerse’s proposed bid for the London Stock Exchange.

Charles Li said: “I’m not saying we’re doing anything and I’m not saying we are not doing anything. HKEx will be maintaining a lot of conversations to stay on top of the game. “It is obviously a pretty major transaction and we will be watching it closely.”

Hong Kong Exchanges and Clearing reported this morning that profits were up 54pc in 2015 to HK$7.96bn, slightly above analysts’ expectations.

The company owns the London Metal Exchange, which posted a 36pc jump in revenue, contributing a large proportion of its earnings for the year.

Full content: The Wall Street Journal

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