The Hong Kong Exchange's bid for the LSE highlights its desire to finally build the data business it's lacked to compete with its rivals
Thursday, 12 September 2019 () · The Hong Kong Exchange's $37 billion offer to buy the London Stock Exchange Group highlights the exchange's desire to build out its data business, which makes up only a small portion of its revenue compared with its peers.
· Even though HKEX runs on an operating margin of over 70%, market data fees represent only a small...
The London Stock Exchange emphatically rejected the Hong Kong bourse's $39 billion takeover offer on Friday, opting to stick with its planned purchase of data and analytics group Refinitiv. David Pollard reports.
Hong Kong democracy activists spoke to members of the U.S. Congress on Tuesday, in a bid to win support for a bill that would force Washington to review its relationship with Hong Kong amid months-long..