Political risks of Hong Kong exchange's £32 billion LSE approach takes toll on shares
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HONG KONG (Reuters) - Hong Kong stock exchange shares fell more than 3% on Thursday as investors raised concerns about the political and regulatory risks involved in its $39 billion (£32 billion) approach to take over London Stock Exchange (LSE) .The proposed deal aims to create an exchange powerhouse spanning Asia and Europe which would be better able to compete with U.S. rivals such as Intercontinental Exchange Inc and CME Group inc .Hong Kong Exchanges and Clearing's (HKEX) indicative..