For commodities markets generally, when net-long positioning hits longtime lows, analysts view this as an indication that long liquidation has about run its course.

FORBES: CFTC Data: Fund Managers Slash Net Length In Precious Metals

But it will also wipe out some traders and reduce the net worth of individual investors who have piled into the commodities bubble.

FORBES: As Predicted in December, Commodity Bubble is Popping

Chief Executive Charles Li is refocusing HKEx to take advantage of expectations that China will become a net exporter of capital as currency restrictions are relaxed, with growing commodities and fixed-income products to diversify away from low-margin cash equities.

WSJ: Profit Falls at Hong Kong Exchange