India  
NewsR.in
> >

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...
0
shares
ShareTweetSavePostSend
 
Credit: Rumble - Published < > Embed
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&apos;s $39 billion takeover offer on Friday, opting to stick with its planned purchase of data and analytics group Refinitiv. David Pollard reports.

Recent related videos from verified sources

LSE rejects Hong Kong's $39 bln takeover offer [Video]LSE rejects Hong Kong's $39 bln takeover offer

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..

Credit: Reuters Studio     Duration: 01:24Published

Hong Kong Exchanges bids $39bln to take over London bourse [Video]Hong Kong Exchanges bids $39bln to take over London bourse

Hong Kong&apos;s stock exchange has bid $39bln to take over the London Stock Exchange. Julian Satterthwaite reports.

Credit: Rumble     Duration: 01:08Published


Recent related news from verified sources

Hong Kong Exchange in $39 billion bid for LSE, rivalling Refinitiv deal

Hong Kong Exchanges and Clearing Ltd (HKEX) made a $39 billion takeover approach to the London Stock Exchange Plc on Wednesday, aiming to create a global trading...
Reuters India


Timeline: LSE - A story of failed mega-mergers

The London Stock Exchange emphatically rejected a $39 billion takeover offer from the Hong Kong bourse on Friday, opting to stick with its planned purchase of...
Reuters India

You Might Like

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2019 newsR Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest