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08 October 20194.33 The Hong Kong Stock Exchange renounces the offer of 39 billion dollars to buy the London Stock Exchange which controls the London and Milan stock markets. The offer was unanimously rejected by the board of the London Stock Exchange which declared that it had strong concerns about the feasibility of the project, considered "not credible". In a note, the Hong Kong Exchange and Clearing throw in the towel signaling that it will not make a new offer. The news has given wings to the Hong Kong Exchange and Clearing stocks which earn 1.5%.