Apr 25, 2024 03:35 AM

FINANCE

HKEX Appoints Former Regulator Carlson Tong as New Chairman

By Wang Xiaoqing and Han Wei

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Carlson Tong Ka-shing

Carlson Tong Ka-shing

Hong Kong Exchanges and Clearing Ltd. (HKEX), the operator of Asia’s third largest stock market, has appointed former securities regulator Carlson Tong Ka-shing as its new chairman.

Tong, 69, was elected Wednesday by HKEX’s board to succeed Laura Cha, who retires after six years in the post. The appointment is subject to approval by the Chief Executive of the Hong Kong Special Administrative Region.

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