Published:  01:04 AM, 10 October 2019

HK bourse to seek deeper China embrace

HK bourse to seek deeper China embrace Charles Li

Hong Kong stock exchange boss Charles Li ignited his unrequited overture to the London Stock Exchange with a riff on Romeo and Juliet as a corporate romance, and doused it in a wistful blog reference to the author of 'Alice in Wonderland'.

After this week dropping the shock $39 billion approach, will Chief Executive Li's next post outlining a strategic vision for the bourse swap British literary references for a metaphor from a Chinese classic?

Investors and analysts expect Hong Kong Exchanges & Clearing (HKEX) to refocus its efforts - for now - on expanding its links with mainland Chinese counterparts following the collapse of its ambitions to build a global exchange platform via a merger with the London Stock Exchange Group (LSE).

HKEX's abortive approach was the largest withdrawn stock exchange-related mergers and acquisitions transaction ever.

--Reuters, Hong Kong

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