LME
why is it for sale? This is more of a strategic concern for UK as a whole, if it is tied up to Asia particularly china the exch would have a wider coverage and provide more opportunity for her citizens and investors, the move will also pre-empt any success of a local commodity exch being setup or tied up with other parties.
HKE (388)should lie low in her bid as they are more interested in tying up than thought.
China Life
Recent results of CL is telling you the Chinese economy is under stress or slowing down faster than expected. Why? Premium growth is closer to zero that means the public at large have less money for investment or insurance and corporations are either cutting staff or do not want to increase coverage, both situations are telling you the economy is not doing well.
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