Chicago Exchange Wants to Be Hub for China Stock Trading

The Chicago Stock Exchange last year found a buyer: a group of investors led by Chongqing Casin Enterprise Group Co., a conglomerate based in China with no apparent experience running an exchange. If the $27 million deal wins approval from the U.S. SEC, one of America’s oldest trading venues will have a new focus: courting listings from small companies, particularly those based in China. Bloomberg's Ramy Inocencio has more on "Bloomberg Daybreak: Australia." (Source: Bloomberg)

Chicago Exchange Wants to Be Hub for China Stock Trading
54:03 - The Chicago Stock Exchange last year found a buyer: a group of investors led by Chongqing Casin Enterprise Group Co., a conglomerate based in China with no apparent experience running an exchange. If the $27 million deal wins approval from the U.S. SEC, one of America’s oldest trading venues will have a new focus: courting listings from small companies, particularly those based in China. Bloomberg's Ramy Inocencio has more on "Bloomberg Daybreak: Australia." (Source: Bloomberg)
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