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Comment by italophil | Hacker News Reader

Deutsche Boerse tried to buy LSE for years, but the EU blocked it in 2017. I fail to see how this deal would be any better; financial markets are global so why does it matter where the acquirer sits.

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The EU blocked the deal because it would have created a monopoly on some services, at least within the EU.

It seems unlikely that this deal would create a monopoly.

It's also unclear whether the UK will still be part of the EU by the time this deal would go through.

Not where, who. HKEX owned by HK gov, that is, China.

This is incorrect.

HKEX (which wholly owns the Stock Exchange of Hong Kong) is a publicly listed company. The HK Governeent owns 5.4%[1].

[1] https://www1.hkexnews.hk/listedco/listconews/sehk/2018/0319/...

we both know that china plays the long game and in the long game there's one china - and in one china, government owns whatever it wants to own.

Their percentage ownership is irrelevant. The Chinese government, being abusive and authoritarian, asserts as much control as they would like.

What jurisdiction does the EU have over a UK business and its HK buyer in 6 weeks?

Also relevant I think, what jurisdiction will China have over HK in 6 years?

It doesn't look like Brexit is going to happen as of now.

64% likelihood of continuing EU jurisdiction according to this prediction market:

https://www.predictit.org/markets/detail/5429/Will-the-UK-of...

That's just a prediction. Currently, legally my question still stands.

Currently, the law is subject to change. And has been multiple times.

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