London Stock Exchange strikes collaboration deal with China's ICBC
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London Stock Exchange Group PLC has signed a memorandum of understanding with Industrial & Commercial Bank of China Ltd to enhance long-term strategic cooperation. The agreement aims to strengthen collaboration in global markets, data analytics, cross-border renminbi, sustainable finance, and financial innovation. This partnership will expand their cooperation in capital markets, trading, clearing, and emerging technologies. The MoU was signed during UK Prime Minister Keir Starmer's visit to China, with LSEG shares rising 0.5% following the announcement.
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