Sep 14, 2018 08:40 PM

This Week’s Movers and Shakers

Tim Lui Tim-leung (left), Dai Wenhua (center) and Yao Qian
Tim Lui Tim-leung (left), Dai Wenhua (center) and Yao Qian

| World of Finance

New Hong Kong chief securities watchdog: PwC adviser Tim Lui Tim-leung (雷添良) will be the new chairman of Hong Kong’s Securities and Futures Commission, taking over from Carlson Tong Ka-shing (唐家成). He starts a three-year term on Oct. 20. Lui is also a deputy to the National People’s Congress, China’s top legislature.

Revenge of the nerds at CSDC: The director of the central bank’s Digital Currency Research Lab, Yao Qian (姚前), will become the new general manager of China Securities Depository and Clearing Corp. Ltd. (CSDC), a cornerstone of China’s financial infrastructure. Dai Wenhua (戴文华), the current general manager, will become chairman, replacing Zhou Ming (周明).

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