Hong Kong Exchange's $2B LME Buy Gets Shareholder Nod
The deal, which was announced June 15, signals China's growing role in the global commodities market. Chinese firms are piling into Canada, Africa and Latin America in search of copper, zinc, cobalt and aluminum, whose prices LME benchmarks, and iron, which is not traded on the 135-year-old bourse.
Sixty-four shareholders representing 99.63 percent of...
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