Zhongxin Finance, June 6th. The website of the Hong Kong Stock Exchange announced on the 6th that Elliott Associates, LP and Elliott International, LP filed a judicial review claim with the British High Court on June 1, and the wholly-owned subsidiary London Metal Exchange ( LME) and LME Clear Limited were named as defendants.The plaintiff's claim challenges the LME's decision to carry out and maintain the cancellation of nickel contract transactions the plaintiff claims were carried out on or after 00:00 UK time on 8 March.The plaintiff argued that the decision was illegal under public law.Plaintiffs claim approximately $456 million.LME management believes that the claim has no legal basis and will vigorously defend it.
Screenshot of the announcement on the Hong Kong Stock Exchange website.
【Editor: Cheng Chunyu】
