Hong Kong’s stock exchange operator HKEX topples Chicago’s CME as world’s most valuable as US-China rift brings in more listings

Hong Kong Exchanges and Clearing (HKEX) has overtaken Chicago-based CME Group as the world’s largest bourse by market capitalisation, as hopes of more listings of Chinese technology giants bolsters its prospects.The bourse operator’s shares rose 3.4 per cent to HK$457 on Tuesday, valuing it at HK$579.4 billion (US$74.7 billion), according to Bloomberg data. CME, the owner of the world’s most diverse derivative exchange, has a market cap of US$64 billion, and Atlanta, Georgia-based…

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