"China plans stock trading link-up with London this year" April 11, 2018 https://www.thenational.ae/business/economy/china-plans-stock-trading-link-up-with-london-this-year-1.720508
I suppose Trump's threats are helping to accelerate plans to open up China's markets. I don't know much about LSE but I suppose it might be good for business if it happens, though the piece says the link will be symbolic because there are already ways of investing in each other's stocks.
I'd been wondering if Chinese speculation would have an effect on the London market, but I suppose it's too soon to be concerned with it, especially if it takes time for the link to go beyond being symbolic. Anyway, from a search result:
21 Apr 2017 - China's renewed efforts to cleanse its stock markets of a reputation for casino-like speculation are stoking a near-term selloff as jittery investors react to the latest crackdown."
There's some info about "Chinas stock market" in quiz form on this link if anyone's interested https://www.wsj.com/articles/how-much-do-you-know-about-chinas-stock-market-1496628662
Share buy back and the possibility of new bid interest is moving this share upwards. Broker upgrades too. LSE also sees opportunities to grow itself and possibly to go shopping again itself. Forty pound price target is within sight.
TM should not have let ARM go, again a world leader, to be taken over. Most of our airports, water and electricity companys are owned overseas. I find this extraordinary. Can you image Angela Merkel allowing 80% of the same to be owned by Japan, or Mexico or Italy. Can you imagine the USA allowing there own Stock Exchange to be taken over by China or India?
Trump is doing the exact opposite, and he partly won the Presidency by promoting bring stuff back "home". He was not my 1st choice, but I do agree with this sentiment.
Cadburys and others were loaded up with " home protection" clauses, which lasted a heart beat. The fact is when its gone its gone. A quick buck and a stronger divided in the short term for the FEW, is no reason to abandon the millions who use the product and want it to remain British year in year out.
Its like the "remain" argument. So many were willing to stay on the train leading to a single state. When it arrives at the EU Station, and the name is changed to Region No.27, its tooo late to jump trains and head back to "Blighty". And what would Region 27 look like? No Queen, no House of Commons, no RAF, Navy or Army, no NHS the way we remembered it. Everything would be different. Too late, you lost all your treasures for good.
Brexit is the enormous mistake. The LSE needed this deal to compete with the other larger exchanges. It also gave LSE shareholders a stake in a European Stock. The combined stockmarket would have been good for all parties and offered great growth potential and a very decent dividend. LSE's low yield is a mistake and the combined group was to adopt the DB model of good returns. Now wait to see a decline in our fortunes. If you think Mrs May is great why did she let our biggest chip developer be sold, that was the real madness and of course it's already been sold on, so reassurences mean nothing.
A bit OTT perhaps, but why would this government allow probably the biggest Stock market in the world, to be taken over by a tiddler in Frankfurt, who is short of cash, just as Article 50 is actioned? The Germans would love to get there hands on this ....... and the EU would get the crown jewels of stock markets handed on a plate.
It is a recipe for the transfer of assets, experienced traders and huge amounts of money 24/7. It might be good for the share holder, but the loss of this very important national asset would be an enormous mistake.
My view of a Borse takeover, is reflected in a message I sent to my MP. She indicated HMG would NOT stop the takeover. It goes as follows..........
"We are just back from our Winter Holiday in Austria.
I am utterly dismayed your advice the merger of the LSE with DB AG will go ahead, without HMG intervention.If this merger goes ahead, it will match with Neville Chamberlains capitulation to Hitler in 1939. Theresa May will be confronted with a wave of hostility not seen in this Country for 20 years. The Country will not accept it.
Who will accept the merger with glee? Why Sky, the BBC, the SNP, the Green Party and they will step up and say how refreshing it is the UK willingly gives away once again, control of a precious Industry. The Conservative Party will morph into their dangerous and misguided idea of a UK bonded to the EU. Giving away control of the LSE is utter madness. I can only think the remain cancer is still living in the hearts of the financial big shots, including the Office who sent you this terrible news. This merger will very seriously hurt the UK.
For me, it would mean everything Theresa May has said so far about putting the little people first will be blown wide apart. I simply will give up on all Politicians and the Conservative Party. It will be the most astonishing and incomprehensible decision any Government has made in the Financial Markets, and will in effect cause the surrender and capitulation the City of London to Germany. It will be unforgiveable. It will be a disastrous post Brexit decision, sending the wrong message to the Country and it will start a process where the enormous wealth of the City will pass to Germany.
DB is short of money. They will have to raise the money to take over the LSE, on the LSE itself. Can you imagine the headlines".
Its a great shame that the DB deal now looks dead. It would have be great for LSE shareholders over the long term. The new combined exchange would have had the strength to compete with the best in the world. Now a USA takeover looks much more likely, particularly in view of the weak pound. Any bid would have to come at quite a premium to todays price to secure support. The fact that the price today has not dived even lower means that many are convinced that it was merge or be taken over. A Brexit tragedy.
Exane has lifted its price target from 32 to 36 pound. Not so far off my 40 pound target.
LSE recent rise attributed to LSE working on both the take over going ahead or a brave world without. Its ownership of the Italian Stock exchange gives it additional flexibility if Brexit goes ahead and no deal with DB.
It would have been a great deal for shareholders and the country. But you can't blame the Germans for protecting their own interests. Now the Eastern Markets and the USA will get the trade, along with Frankfurt.
LSE shareholders are the losers.
cannot get out the nonsense from EU leaders - now Bilko is sticking his beak in and saying the Euro Clearing hse will be moved out of Ldn. What is the clearing house but a giant casino anyway?
underneath all that are we at last seeing the desperation and bullying tactics for what they are ?
AS I understand it the EU banks are in hock and the central EU bank has been buying in corporate debt under the guise of QE in order to create stability. So we have nothing but a deck of cards with a massive wind about to blow the cars an the table right out the door. So why are the EU leaders so high n mighty?
Pesonally Im happy to forgo the whole Deutche borse merger/ takeover - the UK is the strong one in this whole charad. it's about time that the EU sucked up some clarity and start to think of ways to beg the UK to allow the EU banking to be based in the UK.Not the other way around.
Cameron and his cronies should be ashamed of themselves throwing out their rattlers when the time is crucial ! Their personal self interest is staggering. hopefully er Maj will tell them so at the weekly review meeting !!
If the LSE is very brave, the maybe it should merge with the USA stock exchange creating GBP-USD stability & enough cash-flow to buy (not merge) large chunks of the German & French stock markets creating GBP-USD-EURO stability & UK-USA-Europe trade links.
The LSE would them become the trading powerhouse for the USA in Europe.
This petition was stalled in parliament since 12th Aug 15; finally green lit on 12th feb 2016.
The FCA have finally replied, saying its nothing to do with them as they only deal with market abuse & insider dealing, now is your chance to have your say.
If you hate seeing buys reported as sells etc!!!!!!
Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog.
My local MP supported this petition by writing to the petitions committee to help un-stall it.
Theres 650 MPs in Westminster, So have you written to your MP? 649 to go!
If this petition doesnt reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond. ONLY 8 weeks to go !!!
So If you havent yet signed or indeed have but havent passed it on to others, then nows the time to do so.
Read AlphaValue's note on LONDON STOCK EXCHANGE GROUP (LSE), out this morning, by visitinghttps://www.research-tree.com/company/GB00B0SWJX34
"ICE announced during its Q1 16 earnings release that it wont be proceding with a bid on the LSEG as we had been expecting for weeks with a high probability. ICE justified the move as following due diligence on the information made available, ICE determined that there was insufficient engagement to confirm the potential market and shareholder benefits of a strategic combination. This is at first glance a courteous way to define LSEGs management behaviour not to cooperate. As confirmed by ICEs CEO, Jeffrey Sprecher, ICEs board had tried and failed to arrange meetings with the LSEG. Following the announcement, the..."
from today's White Times -
The battle to take over the London Stock Exchange intensified last night when the owner of the New York Stock Exchange secured funding from American and Asian banks as it prepares its own £10 billion bid.
InterContinental Exchange has reached agreement with Morgan Stanley, Wells Fargo and Mitsubishi UFJ, of Japan, to provide part of the debt required to finance an offer for the London exchange. ICE has already appointed Morgan Stanley and Moelis, a boutique investment bank, as financial advisers.
Other lenders are expected to be added to the funding syndicate in the coming weeks as ICE finalises the
Like yourself I've been monitoring ICE and CBOT for any pronouncement as it's past their due date to make a bid. Google news seems to have ended on 13 March so I'm figuring that the directors of the LSE and Bourse have closed off any other bidders. So much for transparency and the massive riches this deal offers to the Board gives them no incentive to act in the common interest.
With BREXIT going on our disgrace of a PM and his crew seem to be stifling any opposition to the german takeover . We have indeed reached 1984.
Press coverage back in Feb suggested 29th March was the deadline for ICE or any other rival bids? Anyone out there know if that's correct and if we are past the point any rivals can put in a higher offer? thanks
Seems incredible that the UK will stand by and let another UK success go overseas. Not that difficult to expect seeing as how the Tory party are falling over themselves to surrender the country to jerry et les francais.
Just bought in myself earlier today hence the price drop
"LSE:LSE:London Stock Exchange this afternoon confirmed merger talks with German exchange GER:DB1:Deutsche Boerse. It will create a financial powerhouse able to compete with huge American and Asian rivals.But some traders clearly heard a whisper ..."
"Shares in the London Stock Exchange (LSE:LSE) have surged by as much as 17% today after the company revealed that it is in merger talks with Germany's Deutsche BÃ¶rse.
The London Stock Exchange is no stranger to bid and merger talks, but today's ..."
Important message from the Financial Conduct Authority:
Posting inside information that is not public knowledge, or information that is false or misleading, may constitute market abuse.
This could lead to an unlimited fine and up to seven years in prison.
If you have any information, concerns or queries about market abuse, click here.
The content of the messages posted represents the opinions of the author, and does not represent the opinions of Interactive Investor Trading Limited or its affiliates and has not been approved or issued by Interactive Investor Trading Limited.
You should be aware that the other participants of the above discussion group are strangers to you and may make statements which may be misleading, deceptive or wrong.
Please remember that the value of investments or income from them may go down as well as up and that the past performance of an investment is not a guide to its performance in the future.
The discussion boards on this site are intended to be an information sharing forum and is not intended to address your particular requirements.
Whilst information provided on them can help with your investment research you need to consider carefully whether you should make (or refraining from making) investment or other decisions based on what you see without doing further research on investments you are interested in.
Participating in this forum cannot be a substitute for obtaining advice from an appropriate expert independent adviser who takes into account your circumstances and specific investment needs in selected investments that are appropriate for you.