HOTLINE: The LME will forever be British

When Hong Kong Exchanges & Clearing (HKEx) was buying the London Metal Exchange, there was a lot of discussion about whether the HKEx was effectively a proxy for the government of China in Beijing.

The concern that some expressed was that the LME, by selling out to HKEx, would become a tool of Chinese industrial policy, rather than a service for global metals markets.

Published

Steel MR

August 27, 2014

04:53 GMT