(May 7): Exchange operator Hong Kong Exchanges and Clearing is set to unveil its Qianhai commodity trading platform this week in a landmark move that it hopes will firmly establish its presence in mainland China.

As the metals industry meets for LMEWeek Asia in the Chinese territory, the focus will be on the Hong Kong bourse's latest attempt to take on China's home-grown exchanges in Shanghai, Dalian and Shenzhen.

The owner of the London Metal Exchange (LME) will host a visit on Thursday to its spot-trading platform in Qianhai, just 50 kms (30 miles) from Hong Kong, where it hopes to replicate the LME's success.

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