Cost cutting measures and reviews of Hong Kong Exchanges and
Clearing (HKEx) and Singapore Exchange's (SGX) business
strategies by their respective new ceos has raised questions
about what the exchanges will do with their massive cash
HKEx has some HK$4 billion ($513m) in net current assets
while SGX has a purse string worth S$566m ($324m). The
exchanges have been mulling a home for the cash for some time,
seeking purchases of businesses that can expand their
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