Hong Kong Stock Exchange Bids Nearly $37 Billion for London Rival

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Hong Kong Stock Exchange Bids Nearly $37 Billion for London Rival
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A proposed $36.6 billion tie-up between Hong Kong and London exchanges would unite two cities in crisis

Hong Kong’s stock exchange made an unsolicited $36.6 billion offer to acquire its London-based rival, a deal that would unite two of the world’s major trading hubs when both are under severe political pressure.

Hong Kong is reeling from a summer of increasingly violent protests, with scenes of tear gas and Molotov cocktails playing out virtually every weekend on live television. London, meanwhile, is gripped by political paralysis as successive governments fail to find a way to implement an exit from the European Union due...

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