Shares in the Hong Kong stock exchange fell more than 3% on Thursday as investor...
That deal, which went public in late July, caused LSE’s shares to leap 15%. LSE said in a statement on Wednesday that it remained committed to the Refinitiv deal.
Analysts said the perception of Beijing’s growing influence over Hong Kong could become a key sticking point given the government’s close links with the HKEX. “It will be politically tough now and in the near-term to get this through various regulatory channels,” he added.Analysts said HKEX’s share price fall reflected investor concern about the dilutive impact of the cash-and-shares offer, and scepticism the offer would succeed.
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