Hong Kong Exchanges and Clearing (HKEx) has denied rumours that it has held talks with the mainland Shenzen Stock Exchange with a view to a possible merger.
This denial follows comments made by UBS Warburg Asia's vice-chairman, He Di, who suggested at the weekend that such a merger would boost the fortunes of the Shenzen exchange, and announced that this was one of the options being considered by the mainland authorities.
However, speaking to the Hong Kong Standard, an HKEx spokeswoman explained that: 'We have not been in talks nor [launched any] study with the Shenzen Stock Exchange. The comment is just personal views made by market players.'
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