CCTV9英语新闻：China Merchants Group offers to buy Baltic Exchange（在线收听）

China’s state-owned conglomerate China Merchants Group has made an informal bid to buy London's Baltic Exchange. This makes it the latest contender for the business after the Singapore Exchange. 

According to sources from Reuters, the approach was made by the group’s subsidiary China Merchants Securities. An acquisition of the Baltic would give the Chinese conglomerate ownership of the industry's benchmark indices. And China would also gain greater access to the multi-billion dollars freight derivatives market. If reached, the deal could be worth about 84 million pounds or U.S.$118 million.