Hong Kong bourse calls off £32bn LSE bid

摘要

honc kong exchanges and clearing has Called off its audacious £31.6bn (US$38.9bn) bid for london stock exchange group, having failed to garner enough support from LSE shareholders after its proposal had already been flatly rejected by the London bourse's management. It said last week it had been "unable to engage with the management of LSEG" and so had dropped its proposal. HKEx stunned market participants last month when it announced its unsolicited takeover proposal, to be paid mostly in stock.