HKEx mulls JV with mainland peers

Updated: 2011-08-18 09:56


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Hong Kong Exchanges and Clearing Ltd (HKEx), the world's most valuable exchange operator, said on Thursday it was in detailed talks with the Shanghai and Shenzhen stock exchanges to set up a joint venture company, Reuters reported.

The joint venture's area of operations will include index and equity derivative products and index compilations, HKEx said in a statement posted on the Hong Kong stock exchange.