Government appoints directors to HKEX Board
*******************************************

     The Government announced today (February 20) that the Financial Secretary had reappointed Mr Carlson Tong Ka-shing and Mr Joseph Yam Chi-kwong as members of the Board of Directors of the Hong Kong Exchanges and Clearing Limited (HKEX), and appointed Ms Ding Chen as a member of the Board of Directors of the HKEX. The reappointments and appointment will take effect from the conclusion of the Annual General Meeting (AGM) of the HKEX in 2025 until the conclusion of its AGM in 2027, a term of around two years. 
 
     The Financial Secretary, Mr Paul Chan, said, "Ms Ding has extensive experience in the financial services industry, in particular the asset and wealth management sector. She has a deep understanding of the securities market and wide connections with market participants, which are conducive to the diverse development of the HKEX in meeting the needs of different issuers and investors, as well as enhancing Hong Kong's status and function as a global financing hub."
 
     Mr Chan also expressed his sincere gratitude to the retiring director, Ms Nisa Leung, for her contributions to the development of the HKEX over the years.
 
     The above appointments are made in accordance with Section 77 of the Securities and Futures Ordinance. The Board of Directors of the HKEX comprises a maximum of six directors appointed by the Financial Secretary, a maximum of six directors elected by shareholders, and the Chief Executive of the HKEX. Other incumbent directors appointed by the Financial Secretary are Mr Chan Kin-por, Mr Herbert Chia Pun-kok and Mrs Susan Chow Woo Mo-fong.

Ends/Thursday, February 20, 2025
Issued at HKT 16:30

NNNN