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HKEX mulls metals trading platform in southern China
It hopes platform will set benchmark prices in future
Hong Kong Exchanges & Clearing Ltd, which bought the London Metal Exchange in 2012 for US$2.2 billion, plans to start a metals trading platform in the first half of next year in southern China as it bids to secure a foothold in the world's biggest consumer and producer of raw materials.
PHOTO: REUTERS
Shanghai
HONG Kong Exchanges & Clearing Ltd, which bought the London Metal Exchange in 2012 for US$2.2 billion, plans to start a metals trading platform in the first half of next year in southern China as it bids to secure a foothold in the world's biggest consumer and producer of raw...
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