HKEx says management of U.K. firm would not “engage” in its vision to create world-leading group

Both the London bourse and Chinese state media have already talked down the deal

The London exchange said it remained committed to its acquisition of financial data provider Refinitiv

Offer framework completed 12 months ago after board floated proposition as a me­­ans to positively influence opening of China markets

Plan to link East and West bourses would derail LSE’s $27 billion plan to acquire data provider Refinitiv