Hong Kong exchange to acquire majority stake in Chinese fintech firm

A worker removes old logos on the glass door as a new one is dispalyed at an entrance to the Hong Kong Exchanges Hong Kong, China January 21, 2016. REUTERS/Bobby Yip

Hong Kong Exchanges and Clearing Ltd (HKEX), the stock exchange operator in the Asian financial hub, has agreed to buy a majority stake in a Chinese financial technology firm’s unit to bolster the markets’ technological capabilities.

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