20 12, 12, HKEx completed the acquisition of London Metal Exchange, the largest basic metal exchange in the world. The transaction cost13.88 million pounds (166.73 million Hong Kong dollars), and it is said that Qingshan Group lost $8 billion on nickel. It was Li Xiaojia who brokered the deal.

Looking back at what Li Xiaojia said at the completion of the transaction, it is simply shocking: China is the world's largest consumer of basic metals, but unfortunately, it has never had pricing power. LME has an important influence in the field of global basic metal commodity futures. The acquisition of HKEx will effectively connect the pricing power with the consuming countries, and also help HKEx to play a bridge role between the mainland and the world.