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)
Most Recent Videos
JPMorgan's Dimon Says China Banks 'Could Buy Us One Day'
42:33 - JPMorgan Chase & Co. CEO Jamie Dimon says European banks are behind American banks and that Chinese banks are coming on strong. He spoke to David Rubenstein for the latest episode of Bloomberg Television's "The David Rubenstein Show: Peer-to-Peer Conversations." The interview taped Sept. 12, 2016. (Source: Bloomberg)