LME ASIA WEEK 2018: QME has not been shelved, says HKEX CEO Charles Li

Hong Kong Exchanges & Clearing (HKEX) has not shelved Chinese spot trading platform Qianhai Mercantile Exchange (QME), HKEX chief executive officer Charles Li said in an exclusive interview with Metal Bulletin ahead of LME Asia Week, which starts in Hong Kong next week.

QME, in which the Shenzhen government has a minority stake, had been set for launch in the free trade zone of Qianhai Shenzhen in first half of 2017 but official crackdowns on spot trading platforms in mainland China caused a delay. “[But[ this is a long-term exploration and we didn’t shelve and we are not shelving QME,” Li told Metal Bulletin, adding that the exchange...

Published

Shivani Singh

May 10, 2018

09:49 GMT

Singapore