Hong Kong Stock Exchange makes £32bn move for London counterpart

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Won’t happen

No way can they allow China control of the LSE.
I know Hong kong is not China but Beijing effectively rules there.

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As expected the bid was rejected

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Expectation that HKEX come back with a better offer. And I agree with the above, I doubt any offer would be accepted - the price isn’t the problem, it’s the control.

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