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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

Business Insider Thursday, 12 September 2019
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· 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...
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News video: LSE rejects Hong Kong's $39 bln takeover offer

LSE rejects Hong Kong's $39 bln takeover offer 01:24

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.

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