(Chicago, IL) — A Chinese investment group has established a beachhead in the U.S. equity market with plans to acquire the Chicago Stock Exchange. The Chongqing Casin Enterprise Group has signed an agreement to acquire the one-hundred-34-year-old Chicago exchange, which handles less than one percent of the nation’s stock trades. No purchase price was quoted but the Chinese group is expected to use the Chicago exchange to offer shares in Chinese companies to American investors.
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David Stewart/jab IL) MI)
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