129834111017765000_48Click to view Hong Kong Exchanges (00388) free live market exchange (00388. HK) bid for the London Metal Exchange (LME) in the final critical stages. Sources told the business (micro-blogging) journal, and competitors of the Hong Kong Exchange Intercontinental Exchange (ICE) will be held on June 7 to LME Board of Directors to submit the final version of the competitive bidding program, next week is expected to have preliminary results.
A month ago (May 7), the Exchange and three other bidders, including the Intercontinental Exchange, the Pan-European exchange and the Chicago Mercantile Exchange to the LME Board submitted an initial bid, then come to the fore of the HKEx and the Intercontinental Exchange. It is understood that the Chief Executive of the HKExMr Li went to London last week, to LME Board describes the exchange of personally bid, Jeff Sprecher, Chief Executive of the Intercontinental Exchange is seen in one scene after promotions. LME Board of directors after the tour does not make a decision, this Exchange and intercontinental exchange of Hong Kong on Thursday submitted the final version of the programme, when LME Board of Directors then decided to recommend to the shareholders"The best solution", preliminary results of the bid opening Cup.
Other sources point out that, Hong Kong Exchange bid main "China card" can help the LME in opening up the China market, especially the LME had been expected in China warehouse, the Exchange can help them communicate with the Chinese regulators. Intercontinental Exchange has the advantage to have a good experience in commodity markets, this is precisely Hong Kong"Short Board". In addition, HKEx and Intercontinental Exchange's initial plan is similar, including the initial bid of about 1.2 billion pounds, acquisition framework involved retain the LME 130 years of open outcry, and Circle member of the traditional trading system. It is understood that the HKEx's bid advisers are located in United Kingdom Rothschild (Rothschild����
Hong Kong may have submitted the final programme and recommends that the content of the price adjustments
Diablo 3 gold, the first source said
Diablo 3 power leveling, LME after the conclusion of the Board will be in the next one or two weeks to file, including issued a circular to shareholders, so as to catch the July 8 recommended by shareholder vote at the general meeting of the Board of Directors will be optimal. Markets widely expect the HKExWill increase the bid, it is understood that the Exchange has two to three banks in Hong Kong to discuss financing.
The sources pointed out that, the Exchange internal cash flow is sufficient, or by issuance of new shares, to the demand for bank financing solutions such as funds, but need to wait for preliminary results after the LME decided to financing proposal. Meanwhile, HKEx has begun to commodity trade-related human resource configuration. NowYesterday, the 56 year old Ma Chao was appointed as Chief Financial Officer, responsible for the exchange of financial, Treasury and investor relations functions.
Ma Chao has served in various financial and commodity exchanges and resources investment company, with more than 30 years of experience in financial management
Diablo 3 CD-KEY, before joining the Hong Kong Stock Exchange is one of the world's largest commodity supply chain management company noble Group Finance Director. Due to concerns the Exchange premium collectionPurchase LME, together with Hong Kong stocks recently sold for light, the big brokerages have lowered target price by the Exchange, Hong Kong share prices continued under pressure, decreased by HK $ 4.7% per cent yesterday.
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