Sing Tao Daily News
The Hong Kong Exchange intends to acquire the London Stock Exchange and propose to marry the Lunang Century in the President Li Xiaoga. Chinese factor is the biggest attraction of this transaction proposal and the biggest resistance.Although the market initially estimates that the chance of success is not great, the Hong Kong Stock Exchange has tried a trial of HK $ 280 billion, which has brought a positive atmosphere to the market.
As the three major financial centers of the United States and Eurasia (New York, London and Hong Kong), the role of exchange is extremely important.The marriage of Lunang can be added to both parties; however, the Hong Kong Stock Exchange is not the first person to ask for relatives from the Lun Stock Exchange. The German Exchange has tried three times this century to try to get married with the London Stock Exchange.It is considered to cause the local market monopoly.The New York Nasdaq Exchange, the Swedish Exchange and the private equity fund McGustrier have been beckoned to the London Stock Exchange.
Now Britain is shrouded in the haze that is separated from the European Union. Frankfurt intends to replace London as the main financial center in Europe. Some companies listed in London also plan to relocate Europe to continue to enjoy the convenience and treatment of a single market in Europe.Power decrease.At this time, the Hong Kong Stock Exchange proposed the acquisition of 20 % of the shares, providing a huge business growth engine for the shareholders of the London Stock Exchange.
Tuohua Market is longing for huge
This engine power mainly comes from China.The six mutually beneficial and win -win strategic reasons proposed by the Hong Kong Stock Exchange are related to China.China further opens the financial market, and the renminbi must be further internationalized. China has huge funds to invest in overseas, and foreign countries also want to enter China.The marriage of the Lunang Exchange will provide rich and convenient ways and diversified product services to enhance the global competitiveness of the two exchanges.
However, this time the Hong Kong Stock Exchange did not ask for discussion with the board of directors of the London Stock Exchange. If the other party's board did not support it, it would become a hostile acquisition directly invited to shareholders.10 billion Hong Kong dollars, Refinitiv, a financial information service company, is required to fight against Bloomberg in the field of market data and analysis.Shareholders can only choose one of the second choice between the pursuit of mergers and acquisitions of Refinitiv and receiving the relatives of the Hong Kong Stock Exchange.
Involved in British Finance Security
In the UK, there are already online comments. If the shareholders of the Lunchae accept the acquisition conditions of the Hong Kong Stock Exchange, they will occupy about 40 % of the shares of the Hong Kong Stock Exchange in the future, but they must take the risk that China can receive at any time.This reflects the foreigners and investors' distress on the Chinese government.
The British government is even more aimed at. The London Stock Exchange is an extremely important financial infrastructure of the country. It controls the stability of national financial stability.EssenceNot only the UK, I believe that the US government will also pay close attention, and the United Kingdom has not left the European Union for a day, and the transaction will also pass the EU.
After the news of the Hong Kong Stock Exchange's mergers and acquisitions, the London Stock Exchange rose by nearly 10 %, but the rise then narrowed significantly, reflecting that the market was not optimistic about the opportunity of transactions after the short period of excitement at the beginning of the market.As for Hong Kong, the news injected fresh air into the depressed political and economic atmosphere. Whether the transaction is successful or not, it shows the strength that the Hong Kong International Financial Center cannot be ignored. To consolidate the status of the international financial center, Hong Kong must go all out and must not be chaotic.
