The London Metal Exchange has been playing the field for the best part of a year. Now the time is drawing near for the 135-year-old exchange to choose one of its suitors and settle down.
The choice, narrowed down to just two from an early field of more than 10, is stark.
Hong Kong Exchanges & Clearing is playing the role of the dashing and mysterious foreigner. It is wooing the LME’s shareholders – mainly banks and brokers – with the promise of greater access to China.
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