Can Global Exchanges work? Can Global Exchanges work?
MONDAY, SEPTEMBER 16, 2019
HKEx’s audacious $32 billion bid for London Stock Exchange Group (LSE) raised quite a few eyebrows and three immediate questions. First, does the bid make sense for shareholders on a commercial basis? Second, what are the strategic considerations for Hong Kong and the global financial markets? Third, what are the regulatory and geopolitical hurdles?