Pubblicato in: Banche Centrali, Devoluzione socialismo, Finanza e Sistema Bancario, Geopolitica Mondiale, Unione Europea

Hong Kong Exchanges and Clearing Ltd vorrebbe comprare il London Stock Exchange Group.

Giuseppe Sandro Mela.

2019-09-11.

2019-09-11__Hong Kong 001

Al momento attuale nessuno può prevedere se l’offerta di acquisto del London Stock Exchange Group avanzata da Hong Kong Exchanges e da Clearing Ltd vada o meno a buon fine.

«Hong Kong Exchanges and Clearing Ltd. hanno presentato a sorpresa un’offerta per acquisire il London Stock Exchange Group da 31,6 miliardi di sterline incluso il debito (circa 36 miliardi di euro).»

«HKEX is already the owner and operator of the London Metal Exchange, the world’s largest market in options and futures contracts on base and other metals. It bought the LME in 2012 for £1.4 billion.»

«The HKEX said the deal would be funded by a combination of existing cash and a new credit facility. It cautioned, however, that its statement to the market should be considered as an announcement to make a possible offer and is not confirmation of a firm intention to bid»

«HKEX has proposed £20.45 a share in cash, as well as 2.495 newly issued HKEX shares. LSE shares rallied shortly after 10:00 a.m. London time, rising by 8.5% before giving up some of those initial gains»

«Charles Li, the chief executive of HKEX, played down any tension surrounding a Chinese firm taking control of a strategic U.K. brand with access to sensitive market information»

«We are not a Chinese company. We are not even a Hong Kong-only company. We are a global company»

«Refinitiv. The data group, which is majority owned by the private equity group Blackstone, was last year spun out of the news wire service Reuters.»

«LSE had announced plans to spend $27 billion on Refinitiv in order to provide a complete one-stop-shop to banks and brokers who need a platform for trading, hardware and a continuous flow of data and news. It was considered a strategy that would directly challenge Bloomberg’s terminal and data package»

* * * * * * *

Se l’operazione di acquisto e/o fusione andasse in porto, il mondo borsistico subirebbe una vera e propria mutazione genetica.

Il nuovo operatore sarebbe in grado di operare continuativamente per diciotto ore consecutive e si porrebbe in diretta concorrenza con la borsa di New York, eguagliandone i volumi scambiati.

Per quanto sia opportuno ricordare come Hong Kong sia territorio cinese a tutti gli effetti, la dirigenza della Borsa di Hong Kong si è affrettata a rilasciare questa dichiarazione:

«We are not a Chinese company. We are not even a Hong Kong-only company. We are a global company»

Ma mica tutti sono pronti a credere a questa affermazione.

Una operazione di questa portata strategica non potrebbe nemmeno essere concepita senza l’avvallo preventivo del Governo cinese.

* * *

Alla luce di quanto successo, ben si comprende l’accanimento occidentale nel fomentare i disordini di Hong Kong, così come diventano ben più facilmente spiegabili i mal di pancia tedeschi.

German foreign minister meeting with Joshua Wong ‘disrespectful’: China

«Beijing has slammed democracy activist Joshua Wong’s meeting with Germany’s foreign minister as “disrespectful.” Wong has urged countries to stand by Hong Kong protesters against the long arm of China in the city. ….

China’s Foreign Ministry on Tuesday criticized Germany over a meeting between the country’s foreign minister and a Hong Kong activist.

Heiko Maas met pro-democracy activist Joshua Wong at a media-sponsored human rights event at the German parliament the previous evening. ….

“It is extremely wrong for German media and politicians to attempt to tap into the anti-China separatist wave,” said Chinese Foreign Ministry spokeswoman Hua Chunying at a news briefing. 

“It is disrespectful of China’s sovereignty and an interference in China’s internal affairs.”»

La Borsa di Francoforte diverrebbe in breve una piazza del tutto secondaria, con tutte le conseguenze. Uno smacco grandioso per Frau Merkel.

E quella di Herr Heiko Maas acquista la connotazione di uno sfogo di rabbia impotente.


Ansa. 2019-09-11. Borsa Hong Kong lancia a sorpresa offerta da 36 mld su quella di Londra

Hong Kong Exchanges and Clearing Ltd. hanno presentato a sorpresa un’offerta per acquisire il London Stock Exchange Group da 31,6 miliardi di sterline incluso il debito (circa 36 miliardi di euro). L’amministratore delegato Charles Li ha dichiarato che da tempo l’operatore asiatico di borsa aveva considerato l’accordo “ambizioso e di vasta portata”. A inizio agosto Lse aveva intanto raggiunto un’ intesa per rilevare il provider di dati finanziari e di piattaforme di trading Refinitiv in una operazione da 27 miliardi di dollari.

*


Cnbc. 2019-09-11. Hong Kong stock exchange makes $36.6 billion offer for London stock exchange

– HKEX confirms it has made a proposal to the Board of London Stock Exchange Group to “combine the two companies.”

– The deal values the LSE at about £29.6 billion ($36.6 billion).

– LSE recently agreed to purchase data group Refinitiv for $27 billion but HKEX said that deal wouldn’t happen under its proposal.

*

Hong Kong Exchanges and Clearing Limited (HKEX) said Wednesday it had made a proposal to the board of London Stock Exchange Group Plc (LSE) to “combine the two companies,” in a deal which values the LSE at about £29.6 billion ($36.6 billion).

The HKEX said the deal would be funded by a combination of existing cash and a new credit facility. It cautioned, however, that its statement to the market should be considered as an announcement to make a possible offer and is not confirmation of a firm intention to bid.

The statement from HKEX said a further announcement will be made “as and when appropriate.”

HKEX has proposed £20.45 a share in cash, as well as 2.495 newly issued HKEX shares. LSE shares rallied shortly after 10:00 a.m. London time, rising by 8.5% before giving up some of those initial gains.

In a subsequent conference call held for media and analysts, HKEX executives described the deal as a means of connecting trading and capital between East and West. They added the deal would create an 18-hour trading zone and also help the rise of the Chinese yuan as a globally-traded currency.

Charles Li, the chief executive of HKEX, played down any tension surrounding a Chinese firm taking control of a strategic U.K. brand with access to sensitive market information.

“We are not a Chinese company. We are not even a Hong Kong-only company. We are a global company,” he said.

‘Highly complementary’

HKEX said it expected key LSE management to keep their jobs and work for the new owners.

“The board of HKEX believes that the two businesses are highly complementary and as such, looks forward to working with the relevant authorities to deliver a clear path to completion,” the HKEX said.

HKEX added that the proposed deal would only go ahead if LSE backs down from its plan to buy Refinitiv. The data group, which is majority owned by the private equity group Blackstone, was last year spun out of the news wire service Reuters.

LSE had announced plans to spend $27 billion on Refinitiv in order to provide a complete one-stop-shop to banks and brokers who need a platform for trading, hardware and a continuous flow of data and news. It was considered a strategy that would directly challenge Bloomberg’s terminal and data package.

In a note released Wednesday, analysts at Swiss bank UBS suggested the ambition to buy Refinitiv may see LSE reluctant to entertain the HKEX interest.

“Given the recent transformational announcement by LSE to acquire Refinitiv in early August, made by a CEO just 12 months into his role, we would be surprised to see LSE’s management and board prefer a takeover bid from HKEX,” said UBS.

UBS added that recent protests in Hong Kong could also act as a brake on any deal.

HKEX is already the owner and operator of the London Metal Exchange, the world’s largest market in options and futures contracts on base and other metals. It bought the LME in 2012 for £1.4 billion.

Annunci