Hong Kong and Singapore are keen to become the gateway to China and Asia
Garry Jones, chief executive of the London Metal Exchange
(LME), has said he will seek alliances with local Chinese
exchanges in order to develop a commodities link between China
and the West.
LME’s flagship metals contracts is set to touch
down in Asia later this year pending regulatory approval, with
the launch of three mini futures contracts on copper, zinc and
aluminium, in cooperation with its parent company Hong Kong
Exchanges and Clearing (HKEx).
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