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Mega bourse mergers less of a threat as exchanges and markets have morphed

No longer a boutique stock exchange bound by national boundaries, SGX has evolved to cater to multinational needs, focusing on developing the products and services that global clients want.

LAST month, Hong Kong Exchanges and Clearing Ltd (HKEx) made a surprise US$39 billion bid for 300-year-old London Stock Exchange (LSE).

Some observers say if successful, the move could position Hong Kong as a financial link to the West. It could help reinforce its hub status at a time of...

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