Chinese investor group to buy Chicago Stock Exchange


#1

Chicago Stock Exchange Inc, one of the oldest exchanges in the United States, on Friday announced its planned sale to an investor group led by China’s Chongqing Casin Enterprise Group.

reuters.com/article/us-chicagostockexhange-m-a-chongqing-idUSKCN0VE1NC

Some say this exchange reflects well on the US economy and poor light on the Chinese economy.


#2

how can you sell a stock exchange?


#3

chx.com/_posts/press-releases/News%20Release%20-%2020160205.pdf

Maybe this letter will help you understand…US corporation sells to Chinese investors.


#4

A stock exchange is usually a for profit business, so those are sold just like any other business. At one time the New York Stock Exchange was a nonprofit, but they converted to a for profit corporation.


#5

The Australian stock exchange was floated on the market


#6

The slow death of modern Babylon.


#7

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