(why) Hong Kong Mercantile Exchange closes its doors

``The Hong Kong Mercantile Exchange will go ahead with a planned US$100 million rights issue and be ready within months to reapply for the trading licence it handed back to regulators at the weekend after it became clear the struggling commodity trader could no longer meet crucial financial criteria.'' -- A bit more detail on this. High hopes for this being a platform to "bust the paper gold and silver cartel" obviously did not play out. But the Exchange plans to be back. We shall see.