Hong Kong Exchanges & Clearing (0388)

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#71
Hong Kong Exchange's new CEO is put on cleanup duty

His predecessor, Charles Li, oversaw a doubling of revenue during his decade in charge through acquisitions, loosened listing rules and, most importantly, trading links with mainland China.
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In a review released last year after the former IPO vetting co-head was arrested for bribery, the SFC discovered "numerous ambiguities" in the Chinese Wall between its listing and business divisions.
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David Webb, a former HKEX director, investor and corporate governance activist, is skeptical the bourse will institute any meaningful reforms.

https://www.businesstimes.com.sg/stocks/...eanup-duty
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