CE APPROVES HKEX CHAIRMANSHIP

The Chief Executive has approved the appointment of Carlson Tong as Chairman of the Hong Kong Exchanges & Clearing Limited (HKEX) with immediate effect.
 

Mr Tong was elected HKEX Chairman by the directors at a board meeting on April 24. The Chief Executive granted approval under the Securities & Futures Ordinance.
 

Financial Secretary Paul Chan said Mr Tong is a well-respected and prominent figure in the financial industry and possesses profound professional knowledge and experience.
 

He highlighted the excellent progress made by Mr Tong made, while serving as Securities & Futures Commission Chairman, in taking forward market development and effective market regulation.
 

Last year, Mr Tong also led a task force to review the major factors affecting market liquidity, and made specific and forward-looking recommendations to the Government on improving the competitiveness of the Hong Kong stock market and promoting its sustainable development.
 

Mr Chan said he believes that with Mr Tong’s leadership, the HKEX will continue to enhance its listing platform and deepen co-operation with the Mainland and overseas financial markets, further consolidating and strengthening Hong Kong’s position as an international financial centre and an important fundraising market.
 

Mr Tong’s chairmanship will coincide with his term of appointment as an HKEX board member, due to conclude at the end of the 2025 HKEX annual general meeting.

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