Gauge went on the offer the share price of the stock went up by 2 percent after the boards rejection letter was published even after having risen 6 percent on the day before on reports that negotiations were in process bella seaboard letter expressed disappointment as well the hong kong decided to go public about the talks after just 2 days but the longer history of failed bids for the l. S. E. And up other similar planned International Stock exchange mergers suggest the basic structural challenges may have eventually sunk the deal even if hong kongs conditions an early disclosure of the talks had not become issues. And as the talks of protests in hong kong have been raging much of the focus has been aimed at chinas extradition bill and understandably so however under reported in the wake of the turmoil has been climbing cost of living in the region recently our correspondent Michelle Greenstein was on the ground in hong kong where she documented the issue and filed this report. This i
Basic structural challenges may have eventually sunk the deal even if hong kongs conditions an early disclosure of the talks had not become issues. Talks in hong kong have been raging much of the focus has been to chinas extradition bill and understandably so however underwood ported in the wake of the turmoil has been climbing costs of living in the region recently are 2 correspondent Michelle Greenstein was on the ground in hong kong where she documented the issue and filed this report. This is the peak an area notorious for its exclusivity since the British Colonial era and the single most expensive neighborhood in hong kong it overlooks the rest of the city and is home to billionaires bankers and celebrities its areas like this one that make hong kong one of the least affordable cities to live on earth internationally hong kong is known to be wealthy and prosperous but thats not the case for all its residents. One in 5 people is in poverty here and that number becomes one in 3 for