The ambitious plan of Hong Kong Stock Exchange (HKEx) into commodities trading business will neither harm the interests of London nor that of the Chinese mainland, HKEx's chief executive Charles Li said on Tuesday.
Hong Kong Exchange and Clearing Limited(HKEx), The London Metal Exchange(LME) and Bank of China Limited(BOC) signed a memorandum of understanding(MOU) on cooperation and the exchange of information regarding the clearing of RMB commodity products.
Hong Kong Stock Exchange (HKEx) is set to become the "enabler" to help London Metal Exchange (LME), the world's biggest metals bourse, to further expand business in Asia, HKEx chief executive Charles Li Xiaojia said in an interview on Wednesday.
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