Caixin
Jun 02, 2022 08:39 PM
FINANCE

Ant Group Names HKEX Chair as New Director Amid Tightening Regulation

Laura Cha, chairperson of Hong Kong Exchanges & Clearing Ltd. Photo: VCG
Laura Cha, chairperson of Hong Kong Exchanges & Clearing Ltd. Photo: VCG

Ant Group Co. Ltd., a Chinese fintech giant controlled by billionaire Jack Ma, has named two new independent directors as part of a board reshuffle amid tightening regulatory scrutiny.

Laura Cha, chairperson of Hong Kong Exchanges and Clearing Ltd. (HKEX) — which runs the Hong Kong Stock Exchange — and veteran lawyer Yang Xiaolei have recently been added to the company’s board of directors, according to its website.

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